AUD/USD long off FIB and Support combo

2021年7月9日

Expecting a strong bounce off this level. Combined FIB and previous HH support are a must keep if we want to stay bullish on AUD/USD. A break of the 200ema is bearish so if this level does not hold we can expect a heavy short term move downward. Currently we are disregarding the 200ema break as a liquidity hunting (aka SL hunting).