Looks like we may see a deeper pullback in the AUDUSD after reaching critical daily levels. The 2 HR chart is flashing some nice divergence and the highs are being rejected. We want this trade to get going right away, as most of the bears are out of the pair. GL! Entry: 7560 TP1: 7430 TP2: 7360 SL: 7595 As always, trade at your own risk, I am not responsible...
We should stay above 112.50 for this idea to work. Likely see some profit taking ahead of risk events. If we break below 112.50 we probably dont want to be in any longs, so a tight stop is recommended. GL! As always, trade at your own risk. I am not responsible for your trading actions.