AUD/USD potential H1 opportunity

Hi Traders,

The strong bullish H1 candles here started at 11:00am BST. This could potentially lead to a longer lasting bullish move on higher timeframes as the pair moved towards a strong weekly support trendline late last week.

Watch the Fibonacci levels on the H1 chart for further confirmation on direction, a rejection of the 50% level could see a move higher, past 100% , to the 161.8% level and beyond.

Remember to time entry/exits for maximum profit potential!

Happy trading!