AUDUSD - DAILY - TREND REVERSAL - BUY
THE 61.8% Fibonacci retracement @ 0.727790 has been filled overnight; currently in recovery progress, daily clouds support zone has also be tested.
Looks like a good buying opportunity (around 0.7290-0.7305) calling for a recovery towards the cluster of TS, KS ahead of MBB (0.7403 -0.7443)
Watch ongoing support trend line (in red) and put a stop loss below in case it goes on the wrong side.
All the best take care
If you like my analysis, please do not forget to like it and add me on your following list
Many thanks in advance
Ironman8848
Looks like a good buying opportunity (around 0.7290-0.7305) calling for a recovery towards the cluster of TS, KS ahead of MBB (0.7403 -0.7443)
Watch ongoing support trend line (in red) and put a stop loss below in case it goes on the wrong side.
All the best take care
If you like my analysis, please do not forget to like it and add me on your following list
Many thanks in advance
Ironman8848
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.