AUD/USD Potential Long setup - retest of support zone

AUD/USD is at this level again, last time it bounced back for a while then headline news happened.

This is a very technical setup, if the drop does not break the bottom line could setup entry for good risk/reward bet. Long trades shown on chart are previous analysis which already closed out in partial profit/breakeven, refer to my prior post.

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note that trade is not yet active.

Handel aktiv:

entered at 0.63620

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Inflation data was bullish, altho DXY strength may trigger the stoploss soon. no need to exit, just wait and see. sometimes gotta deal with uncertainty.

Trade stängt: Stopp nått:

can't win them all.