FX:AUDUSD   Australian Dollar / U.S. Dollar
- Respected trend line
- Bullish engulfing candle
- Retracement to the .500 fib level

Things to look out for: price might retrace and do a retouch.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.