AUD/USD - Long (Bounce Idea)
AUD has been pretty recked along with NZD this week. Looking for a short term bounce.
1hr on the left, 15m on the right.
15m showing an bullish reversal inverse H&S with RSI confirming the higher RSI' highs.
Also, the FVG was filled at the 78.6% fib.
USD looks a bit stretched so thinking both could take a breather in the next 24-48 hours to play this trade out.
1hr on the left, 15m on the right.
15m showing an bullish reversal inverse H&S with RSI confirming the higher RSI' highs.
Also, the FVG was filled at the 78.6% fib.
USD looks a bit stretched so thinking both could take a breather in the next 24-48 hours to play this trade out.
- Cash
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