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Bullish outlook on AUDUSD: 8 November 2022

Long
Australian Dollar / U.S. Dollar (FOREXCOM:AUDUSD)  
OrtegaCapital  
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDUSD aud USD audusdlong audusdshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern audusd aud usd audusdlong audusdshort forex forextrading forexsignals
On the H4 time frame, a pullback to the support zone at 0.63800 which coincides with the Fibonacci confluence levels and ascending trend line presents an opportunity to play the bounce to the resistance target at 0.65800. Ichimoku cloud is showing signs of bullish pressure as well, supporting the bullish bias.
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