AUDUSD: Still Bullish?! Time to Buy Again 🇦🇺🇺🇸
Hey traders,
AUDUSD is trading in a strong bullish trend since the beginning of October.
The higher lows are perfectly respecting a rising trend line.
Reaching 0.755 local high the price retraced to a peculiar confluence zone:
we see a perfect match between an intraday horizontal structure,
382 and 618 retracements of the last two bullish impulses
and the above-mentioned trend line.
It looks like the pair will bounce soon.
Initial goal - 0.753
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