audusd - buy

expecting some upside movement on audusd soon. If price doesn't break my support level of 0.708 and 0.702 area.

Will be looking to buy this pair soon, and will be keeping my eyes on his pair

Elliot waves has confirmed my analysis

#JugFX

Commento:

update on audusd - we did see some buyers come into the market, before we had a strong bearish engulfing candle, pushing price down

price has spiked on my respected support area of 0.70829, can potentially see audusd breaking through my support area causing some downside, which would indicate a better entry for myself

IF Price breaks and closes below my support area look for some downside on audusd, but I will sit patiently and allow this trade idea to come to me as I;m still anticipating some upside on this pair

#JugFX

Trade chiuso: stop raggiunto