Hey traders,
AUDUSD is trading in a strong bullish trend since the beginning of October.
The higher lows are perfectly respecting a rising trend line.
Reaching 0.755 local high the price retraced to a peculiar confluence zone:
we see a perfect match between an intraday horizontal structure,
382 and 618 retracements of the last two bullish impulses
and the above-mentioned trend line.
It looks like the pair will bounce soon.
Initial goal - 0.753
â€ïžPlease, support this idea with like and comment!â€ïž
â
Join My Telegram Channel: t.me/VasilyTrading
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â
âïžYouTube Channel www.youtube.com/c/VasilyTrader
đ°Instagram: www.instagram.com/VasilyTrader/ đ°
â Facebook: www.facebook.com/VasilyTrading/ â