AUDUSD: Still Bullish?! Time to Buy Again 🇦🇺🇺🇸

2021년 10월 22일

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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