AUDUSD has had a positive gain recently. i do believe a pull back to that area is possible before reaching new highs short positions till data is released. PLEASE LIKE AND FOLLOW TO STAY UPDATED WITH MY ANALYSIS
Entered at 1703. Will see how she play out this week.
23.6% Fibonacci retracement of July-September declined, but we can see nice trend line. Eyes on BOC rate statement.. 200-day Simple Moving Average (SMA) level of 1.3280 offers additional strong support.
30min 123 on 3 we have good support on 1min along with candlestix and arrow outside ma5 and both wicks on the same level. targeting 3 with a additional entry upon a new signal on the 1min heading in bullish direction towards '3'.