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Profound_Ambition
May 25, 2019 4:40 PM

AUDUSD H4 

Australian Dollar/U.S. DollarFXCM

Description

Price has broken back into the channel after making a "double bottom" at the weekly demand zone below. Will be looking for a small retracement to set a higher low on the lower timeframes (H1/H2), to potentially reject the channel once again before moving back to the upside to set a new higher high back at the top of the channel.

Comment

H2:

Comment

pullback occurring towards buy zone
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