Can we get another LONG?
Updated
It appears that AUDUSD is enjoying this newly found uptrend, and might go for it again.
The market will most likely make a push downwards up to that support zone, which is in confluence with the 61.8% Fibonacci level.
That will be a good place to look for confirmations to enter the trade
The market will most likely make a push downwards up to that support zone, which is in confluence with the 61.8% Fibonacci level.
That will be a good place to look for confirmations to enter the trade
Comment
So it appears that the Market could wait till it got to the 61.8% zone. Has show strong buying pressure at the 38.2% Fib level.I hate late entries, so let's see if the market will form a pullback, then we dive in
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