FX:AUDUSD   Australiensisk dollar/USA-dollar
Here you can see it clearer on the 4H it's entered the buy zone based off the 50% correction of previous lower low. There is also an inverted hammer on the 4H and now the Daily that has formed which has indicated that price action is pointing towards a breakdown in the bearish momentum. I would suggest entering this trade at 0.70321 also would hope for a crossover of the candlestick to close above the 12 EMA for a great set up and increased accuracy.
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