rodrigosmarts

AUDUSD Buying the Rebound

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is on a hangover after a rush due to the poor job data from the USA last Friday, but it seems like has regained the correlation with the other pais, which was lost for very long time.

I'm buying the Ausie on the yellow area where are multiple support factors, as the daily standard S1pivot, Camarilla L3 pivot , Fib 38.2% and the 1.0300 psychological support, aiming for the fib 1.03440 as a primary target.

If it doesn't reaches for this support, I'd buy a breaking through the yellow trendline, specially if it breaks through the 1.03500 where lies the daily pivot .

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