Nice entry level for AUD/USD bulls at 1.0490/1.0500; the latter was prior resistance and the former is the 61.8% retracement of 1.0320/1.0750. Buying bounces with a fairly tight stop looks like a reasonable strategy for AUD/USD bulls.
Nice entry level for AUD/USD bulls at 1.0490/1.0500; the latter was prior resistance and the former is the 61.8% retracement of 1.0320/1.0750. Buying bounces with a fairly tight stop looks like a reasonable strategy for AUD/USD bulls.
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