AUDUSD Long idea
Overall Audusd is very bullish on the daily timeframe and lower.
Recently we saw a strong rally in price action and now we need to see structure form for us to identify more long opportunities.
Ideally we want to see a pullback to our 38.2% fib level and key support at 0.72750.
We can identify long opportunities once we see a confirmed higher low with strong bullish setups to enter on. Target higher toward key resistance and fib levels.
Overall Audusd is very bullish on the daily timeframe and lower.
Recently we saw a strong rally in price action and now we need to see structure form for us to identify more long opportunities.
Ideally we want to see a pullback to our 38.2% fib level and key support at 0.72750.
We can identify long opportunities once we see a confirmed higher low with strong bullish setups to enter on. Target higher toward key resistance and fib levels.