mayefx

Day Chart Analysis AUDUSD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
OK So I have a Weekly fib retracement @ 38%
I also have a Daily Fib retracement, also a potential higher low at the 68% fib
Great risk reward trade to the upside alongside other confluences, i.e. counter trend line break, MA/cross.
Break out retest entry for further confirmation?
Or more aggressive of the fib level with better risk reward?
Leave a comment :)
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