848evo
Long

AUDUSD Long Trade

FX:AUDUSD   Australian Dollar/U.S. Dollar
24 0 1
PA has moved up a long way in a very short time and is due for a retracement. I'm deeming the overall trend at the moment to be long. I'm expecing PA to drop down to around the 50% fib level and possibly touching the 50 SMA before bouncing back up to re-test highs and/or test the 200 SMA .
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.

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