LineTradingPilots

AUDUSD - Long opportunity after deep daily retracement

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi!

AUDUSD with some fantastic price action. Market structure has changed - What looks like a forming bearish trend on the 4H timeframe seems to be just a very deep retracement on the previous daily impulse move.

A close above the current resistance zone would definitely heat things up and I'll be looking for a a long entry.

Let me know what you think in the comments!

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