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Can AUDUSD bounce from major level of support?

Pembelian
Dollar Australia / Dollar AS (FX:AUDUSD)  
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FX:AUDUSD   Dollar Australia / Dollar AS
Chart Patterns Trend Analysis audusdlong
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chartpattern trendanalysis audusdlong
AUDUSD is currently bouncing around on a daily level of support. Price action has reversed many times from this level. Adding our confirmations is sellers exhaustion on the previous daily candle's closure. The risk to reward on this setup is looking good. Long position opened at 0.70750 with a 20 pip stop.
Komentar:
Waiting to see upside momentum to set profit targets
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