AUDUSD long.
Hi guys,
After a tremendous push down on this pair this pair has reached to historical level where it has acted as a support and resistance on a number of occasion in the past. While RSI is also oversold and we have a bullish engulfing candle and a double bottom which suggests a possible reversal.
I have gone long on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
After a tremendous push down on this pair this pair has reached to historical level where it has acted as a support and resistance on a number of occasion in the past. While RSI is also oversold and we have a bullish engulfing candle and a double bottom which suggests a possible reversal.
I have gone long on this and marked tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Trade closed: target reached
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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.