Thoughts for Aussie-Long Bias

Long

Australian Dollar / U.S. Dollar (OANDA:AUDUSD)

OANDA:AUDUSD Australian Dollar / U.S. Dollar

Price looks strong at this level.. Price pushed back up above the supportive cloud, RSI showing momentum from a previous oversold territory and ATR has decreased indicated lower volatility. Nice buy level in my opinion with SL placed below the cloud.. TP taken once price breaks through bottom of green supportive cloud.

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