NotchTrading

AUDUSD 4HR TA

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FX:AUDUSD   澳元/美元
The AUD is Approaching the .382 Fib Resistance Line Aswell as the 100 MA a break of these Lines will Lead to a Strong Bullish Trend, however, we should expect to see a pullback to either the Trend Line or .236 Fibonacci Line before a break of this line is achieved especially due to the Stochastic indicator touching the Over Bought Range. The Plan is to buy on the reversal seen at .68920 or the Trend Line. Stop to be Placed at .68500
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