Ironman8848

AUDUSD - DAILY - TREND REVERSAL - BUY

Long
SAXO:AUDUSD   Australian Dollar / U.S. Dollar
THE 61.8% Fibonacci retracement @ 0.727790 has been filled overnight; currently in recovery progress, daily clouds support zone has also be tested.
Looks like a good buying opportunity (around 0.7290-0.7305) calling for a recovery towards the cluster of TS , KS ahead of MBB (0.7403 -0.7443)
Watch ongoing support trend line (in red) and put a stop loss below in case it goes on the wrong side.
All the best take care
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Ironman8848

Technical analyst Expert since 1991. Member of the Swiss Association of Market Technicians (SAMT).
https://ironman8848.com/private-analysis/