AUDUSD LONG
AUDUSD long:
The market price is at a key horizontal demand zone on the daily charts, and the candles' reaction is also strong. The last two candles showed rejection at that support level. Upon examining the hourly charts, a double bottom pattern is visible, with its neckline being broken above and currently retesting it.
Entry: 0.6793.
Stop Loss: 0.6736.
Take Profit: 0.6891
The market price is at a key horizontal demand zone on the daily charts, and the candles' reaction is also strong. The last two candles showed rejection at that support level. Upon examining the hourly charts, a double bottom pattern is visible, with its neckline being broken above and currently retesting it.
Entry: 0.6793.
Stop Loss: 0.6736.
Take Profit: 0.6891
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