AUDUSD Long
Nice risk to reward setup here with an AU long play off a strong Weekly Support level. Price hit a very strong support level while range-bound for the last several months. We saw a nice Bullish Engulfing candle off this zone on the close of Friday's candle showing buyers have entered the market at this key level. We now will watch for a break of the resistance at .7050 to ride this one higher. The overall target would be the Weekly down trend line in blue around .7150 for a 100 pip move.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.