Long for the Aussie
Aussie has finally found a bid for longs, with a nice bounce from supply/demands levels.
The target is highlighted in the green box area which lines up nicely with descending daily trend line and the 38.2 fib levels for the daily run.
The target is highlighted in the green box area which lines up nicely with descending daily trend line and the 38.2 fib levels for the daily run.
Note
Just want to add another little essence of confluence for this idea, the bullish divergence on 4 Hr chart
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.
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.