Based on my analysis, I anticipate price to bounce off the trendline to trade within the ascending channel and head upwards.
I've already entered the trade at 1.06400 right after completion of the retest on the 1H chart.
Risk reward ratio: 1:7.9 (Swing trade)
SL: 1.06147 (-36.2 pip ris)
TP1: 1.07467
TP2: 1.08210
TP3: 1.08816
TP4: 1.09368
Let me know what...
AUDNZD still in an upward move. Support at 1.08472 seems to hold and comes at a 0.382 fib retracement level. Looking to buy if H4 candle closes as bullish engulfing, in line with the higher time frame trend (daily)
