#AUDUSD Bigger Bull Idea (50/200 SMA, Structure) #Forextrading

FX:AUDUSD   Australian Dollar / U.S. Dollar
#AUDUSD Bigger Bull Idea (50/200 SMA , Structure) #Forextrading

1. 10sma is crossing 50sma in the yellow region. The price might test this zone to give us a bullish entry.
2. 200 sma is far up above. Once the price crosses the latest structure high at 0.7378, the next target will be retest of 127.2 fib level/200sma.
2. Daily and weekly chart are not showing any signs of oversold or overbought.


Trade closed: target reached: first target acheived
I am back in this trade once more.
better place for entry if the price reaches there:
TradeYodha TradeYodha
Price has entered the inner zone. Entry taken.
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