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AUDUSD BUY

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
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FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdlong audusdforecast audusdanalysis audusdidea
2
0
trendanalysis chartpattern indicator audusd audusdlong audusdforecast audusdanalysis audusdidea
- Dump down to lower supply zone

- Expected rejection at supply zone and pump upwards (multiple previous touches)

- Order set at top of supply zone

- Stop loss set just below supply zone for breathing room

- Target set to demand zone (previous consolidation before the last dump)

- Would also be looking to take out a lot of retailers stop losses at 0.70759
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