 Welcome traders to another Signalchartic, we're up to date the Aussie we were on the hourly time frame. Yesterday we were looking for a three-way correction into the pivot here and the sending trend line support at the 7380 area to set long positions targeting a test up into the ascending trend line resistance 7480. Looks like we're getting massive of five-way sequence developing here so as we hold 7450s of support but for another extension here to complete that five-way sequence to test the 75 we've got monthly range resistance, projected range resistance and weekly range resistance and that ascending trend line. But for a deeper pull back then back into the 7420 which is a bullish reversal pattern is to re-engage on the long side ultimately looking for a test of ascending trend line resistance and a potential five equals one here into the 7550 area. As always traders plan the trade, trade the plan and manage your risk.