LONG AUD/USD

22 בנוב׳ 2020

Price has bounced off of the 4hr support level, and has created an uptrend on the 1hr time frame. The 1hr support zone coincides with this trend line so I expect price to bounce upwards from this zone to reach 0.73308 at least, for a small 30/40pip trade. I would wait for a bullish candlestick formation in reaction to the support before entering this trade.