IsaacYeo

AUDUSD 1H long opportunity

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
3
Fundamental
- US Unemployment Rate rose to 5% (weakening of USD)
Technical
- Completion of the head and shoulders pattern
- Strong support line at 0.7536
- RSI convergence
- 618 retracement
Look out for
- Double bottom forming in "kill zone"
- MACD crossing

*For self-reference/educational purpose. NOT investment/trading advice
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.