lawlee9
Long

AUDUSD Reversal to retest broken trendline

FX:AUDUSD   Australian Dollar/U.S. Dollar
30 0 3
AUDUSD             broke out of a major trendline , and took a deep fall with little retracement. Price met support at the retest of a weekly trendline , and is now showing a reversal pattern. If this next 4H candle closes as a pinbar , then that is the signal to enter long at its close. Stop loss should be set to .73248. Target .7715
Comment: Pin bar created close to the lows. Buy signal with a stop loss at .7290. First target .7500
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