AUDUSD - Strong Buy on pull back
Updated
AUDUSD looks strong - Risk Reward ratio is favorable here..
If price goes below 200 EMA & is unable to come up again, we will come out of this trade, or else pull backs to 200 EMA is only an opportunity to add/enter.. 2 Targets are mentioned on chart...
If price goes below 200 EMA & is unable to come up again, we will come out of this trade, or else pull backs to 200 EMA is only an opportunity to add/enter.. 2 Targets are mentioned on chart...
Note
Price has gone below 200 EMA - if it doesn't come up again, we don't enter this trade..Only when price comes up above 200 EMA & the support lines (as shown) and sustains there, we BUY, else ignore..
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