FXCM

AUDUSD Potential for Bullish Continuation | 15th November 2022

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
On the H4 chart, the overall bias for AUDUSD is bullish . Furthermore, the price is above the Ichimoku cloud , indicating that the market is bullish . Look for a pullback buy entry at 0.65398, which is the 38.2% Fibonacci line. Stop loss will be set at 0.64076, just below the 61.8% Fibonacci line. Take profit will be at 0.67711, where the 61.8% Fibonacci line is.

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