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TomUnderwood

AUDUSD weekly - Bullish engulfing

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
TomUnderwood  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns AUDUSD aussie aussiedollar
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trendanalysis harmonicpatterns audusd aussie aussiedollar
After a week long bull move the AUDUSD 0.22% has formed a good looking engulfing candle for a long trade on the weekly chart.

The bullish engulfing coincides with the uptrend after a retracement.

Trade presents a positive 2.4 RR ratio with a high probability setup.
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