possible long setup
AUDUSD bounced back up after retesting the low of previous day creating a higher low for the day. If it closes green on Friday, I would consider it completes the 0.382 retracement of the past 2 weeks gain, and continue heading further up.
SL: below 0.73455 - lower than 0.734 even safer but invalidates the setup
TP: Fib based, can go higher and break out if US data gives a boost
Note: this could be a swing trade setup with much higher TP prices considering the entry is very attractive - of course if the setup is valid; but I'll close either at SL or end of Friday.
GL
SL: below 0.73455 - lower than 0.734 even safer but invalidates the setup
TP: Fib based, can go higher and break out if US data gives a boost
Note: this could be a swing trade setup with much higher TP prices considering the entry is very attractive - of course if the setup is valid; but I'll close either at SL or end of Friday.
GL
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