High Probable Long on AUDUSD WITH 1:5 RR

Reasons for a High Probability Long Move:
  • Market has failed to make a distinguishable bearish movement on Friday
  • NonFarm Payroll was 3 x below expected
  • Market has immediately rejected key level with a strong engulfing pattern (4hour), while forming a hammer on the daily.
Chart PatternsTrend Analysis

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