Audusd 0.70750 Rejection at Monthly low region
Price was rejected at 0.70900 after testing 0.70550.
the pair has then retraced back to the 0.70550 zone and
two bullish hammers and a candle of in-decision have formed
we must note that this is the monthly low region and should the pair not
retrace further down we might be in for a jet ride
I have identified a entry at 0.70750
SL: 0.70600
Tp 1: 0.71200
Tp 2: 0.71400
the pair has then retraced back to the 0.70550 zone and
two bullish hammers and a candle of in-decision have formed
we must note that this is the monthly low region and should the pair not
retrace further down we might be in for a jet ride
I have identified a entry at 0.70750
SL: 0.70600
Tp 1: 0.71200
Tp 2: 0.71400