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Australian Dollar / U.S. Dollar
Long

AUDUSD LONG

By The_Pip_Trader
AUDUSD
AUDUSD just broke the bearish structure on the Daily chart.
It had formed a double bottom pattern and broke the neckline of the double bottom
and also closing above the previous Lower High breaking structure. Price further made
a 50.0% retest and candle closed as a bullish engulfing, confirming
a buy setup on AUDUSD.
500 Fibonacci RetracementAUDUSDaudusdlongbreakofstructureBullish EngulfingdailychartDouble BottomFibonacciSupply and DemandTrend Analysis
The_Pip_Trader
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