TradingView
Trade_Simple_FX
Nov 24, 2020 8:43 AM

AUDUSD H4 - Long Setup Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD H4 - Here is Aussie vs the dollar, again very similar structure to the above, 0.733 was the resistance zone in this occassion whereas 1.33 was cable resistance, regardless we are close to seeing a break and close on the H4. From this, we could look for entries around 0.7335 to jump in long after a correction, just cautious of the rally leg going in to break resistance from 0,727 to current price (circa 100 pips), I feel we may need more of a correction which may dip us below the S/R retest price. Lets see...
More