FX:AUDUSD   Australian Dollar / U.S. Dollar
The price is in an uptrend and price is at the lower boundery

we expect price to bounce from the lower boundary for a long trade bias

in addition we wait for further confirmation such as multiple rejections at the lower boundery

and we enter long , in addition try to consider correlation between pairs such as eurusd gbpusd and xauusd

in addition use proper risk managent such as 1:3

in addition the 200 EMA and 50 EMA are below the price

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