AUD/USD

 

 
follow the resource

 

 

 

 

does look familiar ?

that’s right , AUD/USD find itself into similar conditions for a third time…

the pair has some history meeting key Fib levels supported by the 200 EMA and as we recognize , so far has been manage to jump up right after that ,….

the only thing holding my longs into stand by ,
is the RSI holding under 40 level.
Lately price range have been very tight ,
meaning that whatever is the next move, is going to be huge.

In case you are not convinced going long , solution is
to place OCO.

Im looking for a double close above RSI 40 , as much close(above) to the Fib level, as possible.

Downside is limited by 200SMA and 38,2Fib ,
the Upside – free to 1,0600/50

 

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