AUDUSD Long idea
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we’re very bullish on this pair and will look to continue with the bullish trend. From where current price action is we would like to see a pullback to form structure. Look to enter long after we see confirmed higher lows below at least our 38.2% fib level. Target higher toward negative fib levels.
Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 0.76000 at least.
Weekly Trend: Bullish
Daily Trend: Bullish
4Hour Trend: Bullish
Trade scenario 1: Overall we’re very bullish on this pair and will look to continue with the bullish trend. From where current price action is we would like to see a pullback to form structure. Look to enter long after we see confirmed higher lows below at least our 38.2% fib level. Target higher toward negative fib levels.
Trade scenario 2: For us to consider short scenarios we need to see a break and retest of 0.76000 at least.