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JMM-11
May 31, 2023 8:24 PM

AUD/USD: Feeling Bullish Long

Australian Dollar/U.S. DollarFXCM

Description

Hello traders, from the daily time frame, we can see that price closed above the 0.65000 level for the past few days which price definitely respected this level. Scaling down to the 1 hour time frame, we can see that there was a strong bullish candle that pushed from around 0.64750 support level. This could potentially result in a break of 0.65000 level on the 1 hour time frame. If so, we can look for possible buying entries above this level.

#PATIENCE/FOMO

Comment

Successful move.
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