Aussie has finally found a bid for longs, with a nice bounce from supply/demands levels.
The target is highlighted in the green box area which lines up nicely with descending daily trend line and the 38.2 fib levels for the daily run.
The target is highlighted in the green box area which lines up nicely with descending daily trend line and the 38.2 fib levels for the daily run.
Commento:
Just want to add another little essence of confluence for this idea, the bullish divergence on 4 Hr chart