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Wan_Kasemsri
Jul 6, 2020 9:16 PM

AUDUSD BUY SETUP Long

Australian Dollar/U.S. DollarFXCM

Description

Price has been in a H4 uptrend and has cracked above our key zone. Price has came back to re-test structure as support and has bounced away multiple times, 50 SMA below 8 SMA indicating buying pressure, fib also confirming our golden zone on the 15 min. If price continues to fail to break below a move to the upside is looking very favourable. I have took a long position with stop at previous support and will be targeting previous highs.
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