AUDUSD Long Idea

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AUDUSD Long IdeaAustralian Dollar / U.S. DollarFOREXCOM:AUDUSDCELGIB_TRADINGFrom the looks now the dollar may have weaken due to the mixed NFP figures this discourage the FED from hiking if the labor market loosen. From the technical perspective we can see a potted Cup and Handle pattern which signals bullish reversal, even if the market is to go low against the AUSSIE, there will be retest of broken support marked with rectangle, also there maybe a move again to go within the previous range, if this happen it means the market has promised to test the falling trendline which will make it with significant force of a drop. So prepare yourself for the upward in the short term and then get well prepared for a major drop of AUSSIE.