AUDUSD LONG 100PIPS+ 1HR CHART
My analysis today is that the AUDUSD is going long and there is a potential to earn 120 pips. We can see the price bounced off the support at 0.66998 and it a strong support having been tested twice and price bounced off it. Additionally, you can see the bullish divergence by the RSI where the RSI is moving up while the price was playing catch up. If you look carefully there is a double bottom where the price is bouncing off the support. Additional evidence is the presence of Bullish Engulfing candlestick indicating a reversal to the upside. I am confident in this trade so confident that I will refund any losses incurred on this trade. If this becomes a losing trade text me and I will personally refund the money that is how confident I am in my analysis. In conclusion go for it get that bag earn those profits you can thank me by subscribing, commenting and dropping some coins from the earnings you got. Have fun
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.