MattEvans

BULLISH ENGULFING BAR AT SUPPORT

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
1
1. Long bullish move starting early july made a false break of key resistance at 1.1200
2. Price retraced back 50% to key support 1.0900
3. Price has made a bullish engulfing bar here.
4. Risk 1, Reward 3.
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