SmartTradingFX

AUDUSD: Structure Based Continuation?

做多
FX:AUDUSD   澳元/美元
7
Analysis on chart!

Price has broke above previous resistance and now retraced back into this zone where we have a 0.5 Fib Retracement, 1.272 Fib Extension and 1.618 Fib Inversion!

Previous lows may allow for a low risk high reward trade with two potential targets! I am now waiting to see how price reacts on the hourly TF to see if i can enter Long on this pair!

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