AUDUSD - Potential long trade on the horizon
Price has recently broken out of the choppy range at resistance around 0.77400s to the downside
Previous support can be found around 0.75200s, an area confluent with the 38.2% Fib of the upswing.
RSI is already oversold a touch
I will be watching for bullish signs to get long, preferably a double bottom.
Previous support can be found around 0.75200s, an area confluent with the 38.2% Fib of the upswing.
RSI is already oversold a touch
I will be watching for bullish signs to get long, preferably a double bottom.
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