AUDUSD Analysis 08/10/2018

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD 0.04% – On the hourly chart, we can see the AUDUSD 0.04% is after a long bearish momentum, usually After momentum like this I’ll prefer to wait for a reversal signal. If the price will break out the resistance Above it indicates the price tends to reach the supply above, in that case, I’ll look for P”A setup for buy Position, my target will be the supply above which is also a great supply of sell position.
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