High Probable Long on AUDUSD WITH 1:5 RR

Long

Australian Dollar / U.S. Dollar (FX_IDC:AUDUSD)

FX_IDC:AUDUSD Australian Dollar / U.S. Dollar

Trend Analysis Chart Patterns

trendanalysis chartpattern

Reasons for a High Probability Long Move:

Market has failed to make a distinguishable bearish movement on Friday
NonFarm Payroll was 3 x below expected
Market has immediately rejected key level with a strong engulfing pattern (4hour), while forming a hammer on the daily.

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