AUD/USD Long for some months!!!

AUDUSD was rejected from its touch of the Fibonacci .618 ratio and I see long term price heading north to the fib extension at least. AUDUSD has been in a bearish channel the past 10 months. This breakout of the trend will be big and last for some months as well. Also as the US Dollar continues to pull back from its recent strength we will see bullish price action in all XXXUSD pairs.
Trend Analysis

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Penafian