AUDUSD
AUDUSD
AUDUSD
AUDUSD
AUDUSD - Intraday - We look to Buy at 0.6880 (stop at 0.6850)
7 negative daily performances in succession. Prices have reacted from the 423.6% Fibonacci extension level. Buying posted in Asia. Posted a Bullish Outside candle on the 4 hour chart. There is scope for mild selling at the open but losses should be limited. Further upside is expected and we look to set longs in early trade.
Our profit targets will be 0.6985 and 0.7000
Resistance: 0.6920 / 0.6954 / 0.6985
Support: 0.6866 / 0.6831 / 0.6800
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