Australian Dollar / U.S. Dollar
Long
Updated

AUDUSD - Bull set up - Long Term

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AUDUSD - Bull set up - Long Term
- the price is arrived on very hard buy area
- probably end the Wave C
- COT report signed an increase of long position in the last week
- momentum are in divergence vs the price action

I will open a long position after retest of support area
Stop under 0,76
Note
target 0.78 close
Now I will attend the next move of price.
Attention could be a big rebound from 0.78
Note
probably from 0,774 second long impulsive wave
stop under 0,77

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