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AUD/USD Idea

Post Views: 272 Main Bulletpoints: D1 Accumulation Zone Triple Bottom Long-term trend – Down The price reached a Key Support Zone and turned upwards, signaling the end of aggressive distribution. The current price gives us a good opportunity to build a long-term target for Long positions with AUD / USD 0.70 target – 23.6 Fib. Retracement and long term resistance trend lines. R: R – 1: 4 TP 1: 0.6878 – Conservative target TP 2: 0.7021 – Optimal targetSL: 0.6711 Indicators: Rebound from the Accumulation Zone, the price is holding it’s grounds with conviction and proper Price Action.Price far below 50MA and 200MADeMarker D1 turned 0.35 – signal for new upward movementRSI D1: 36.7 Alternative scenario: A break below the…

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