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adamgwhitlock
Aug 1, 2020 1:58 PM

AUDUSD Long Long

Australian Dollar/U.S. DollarFXCM

Description

8H TF
Fundamentals suggest bullish continuation
Mon 3pm USD industry expansion forecast positive
Tues 5.30pm AUD cash rate/RBA statement - unlikely to show change.
By Wed 3pm USD showing more industry expansion.
Fri 1.30pm USD NFP

1) HH/HL/HH/HL Bullish structure
2) strong psych level
3) upward corridor
4) Strong 4H EMA interaction
5) Already in zone/poss 3rd touch of trendline
5) Look or candlestick rejection
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