AUD/USD potential H1 opportunity
Hi Traders,
The strong bullish H1 candles here started at 11:00am BST. This could potentially lead to a longer lasting bullish move on higher timeframes as the pair moved towards a strong weekly support trendline late last week.
Watch the Fibonacci levels on the H1 chart for further confirmation on direction, a rejection of the 50% level could see a move higher, past 100% , to the 161.8% level and beyond.
Remember to time entry/exits for maximum profit potential!
Happy trading!
The strong bullish H1 candles here started at 11:00am BST. This could potentially lead to a longer lasting bullish move on higher timeframes as the pair moved towards a strong weekly support trendline late last week.
Watch the Fibonacci levels on the H1 chart for further confirmation on direction, a rejection of the 50% level could see a move higher, past 100% , to the 161.8% level and beyond.
Remember to time entry/exits for maximum profit potential!
Happy trading!
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