FX:AUDUSD   Australian Dollar / U.S. Dollar
4
Taking a long from the 50% fib of the recent daily lows and highs , this is also a weekly/daily demand area so a bounce may be possible here. Target is 0.7500, unless we break the 0.7500 with force then we would hold that long till 0.7650. which is the bottom of the next supply area up If today's candle closes as a bear then this trade will be invalidated, our SL is placed at 0.7290. Chose the right size of your position and always do your own analysis. Good luck to you all .
Comment:
SL moved to entry of 0.7336 for a risk free trade.
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