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AUDUSD: Trading Oversold Market

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
VasilyTrader  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators Forex trading Technical Analysis aud USD AUDUSD australiandollar Currencies dollar
50
3
trendanalysis chartpattern indicator forex trading technicalanalysis aud usd audusd australiandollar currencies dollar
snapshot

potential counter-trend trade on AUDUSD.

rejection candle and lower high leaves clear clues that the market is currently oversold
and pullback is needed.

on our focus is 0.6765 structure resistance.
if bulls break above it, I will buy the pair expecting a continuation to higher structure levels.

Targets: 0.6779 & 0.68
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