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Malika_Analysis
Jun 5, 2019 8:48 PM

AUDUSD FOR THE BULLS AFTER THE PULLBACK? Long

Australian Dollar/U.S. DollarFXCM

Description

We have seen price rally bullish and we may see price continue after price finishes what i see as a retracement. I have marked the grey line at 50% fib retracement and we see price is also creating bullish divergence.

Grey line - Entry
Red line - SL
Green line - TP
Risk exposure - 1%
Risk to reward - 1:2
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