TradingView
tjxszn
Jan 22, 2019 8:56 AM

AUDUSD Long

Australian Dollar/U.S. DollarFXCM

Description

After a strong bullish impulse we look to have formed a correction. we are at a level of previous resistance which may be used at support and at the 0.382 retracement level (strong trend fib line). a 15min bullish engulfing was an indicator that we are ready to continue.

The DXY looks like it has formed a correction after a recent bear leg and ready to steadily continue south.
More