AUDUSD Potential for Bullish Continuation | 9th November 2022

9 thg 11, 2022

On the H4 chart, the overall bias for AUDUSD is bullish . To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a pullback buy entry at 0.63869, where the 61.8% and 38.2% Fibonacci lines are located. Stop loss will be set at 0.63310, slightly below where the 78.6% and 50% Fibonacci lines are located. Take profit will be set at 0.65225, where the previous high is.

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