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Audusdidea

AUDUSD idea My bias on this pair is long. If im going to take a long position. I’d like for price to retrace to the 61.8 fib level giving Us a rejection confirming a 3rd touch on daily trend line/, 61.8 also lines up Nicely with daily resistance now turn support? If so that all could indicate bulls are still in control to get A push higher. However if we break below structure and break trendline this trade becomes invalid. (Price is at weekly trendline, wait for confirmation!)
Long
by waynetrades94
AUDUSD SHORT TERM LONGHey traders, this setup is going long for some short term pips. -There has been 4 touches on this key support level, all of which have had stop loss hunts as seen by the long wicks & dips. -There is very little demand that would keep it at these levels as seen by the volume profile. -I see the green box as a nice target price for this short term long. Watch out though as this trade may sit in this yellow demand zone for a little and maybe even try to get another stop loss hunt.
Long
by Internet_Money