We take a nice detailed look at AUD/USD and see if there are any trading opportunities for us to make some juicy pips!We combine the…
We remain bullish above 112.53 major support (Fibonacci extension, Fibonacci retracement) where we expect a bounce up to at least 113.57 resistance (Fibonacci retracement, horizontal overlap resistance).
Stochastic (21,5,3) is seeing strong support above the 4.6% level where we expect a bounce from.
Buy above 112.53. Stop loss at 111.85. Take profit at 113.57.
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