AUDUSD Potential 4H Long

AUDUSD has taken a sharp fall recently and can potentially move higher on the 4 hour chart. Oscillator momentum has been moving higher, and the 4 hour pivot hovers near 0.70700. Tomorrow is the FED rate decision in the states and the markets may be slow till then (0.25% expected). The market can also be risky now.

Trade closed: target reached