AlexHillFX

AU Long Idea ahead of NFP

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
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2
Idea for AUDUSD Long

Respecting the Bias change from 1st low point formed (blue Ellipse) Looking now to continue the trend.

Looking to form a new low and bounce toward forming the next high. H4 currently a Hammer .

Expecting movement to the next Ellipse and then a potential long leg.

Few signs of Fib respect looking at 0.75 target area.