Description :
Looking at the H4 chart, my overall bias for AUDUSD is bullish as the current price is below the Ichimoku Cloud. Looking for a pullback buy entry at 1.35208 where the recent overlap support is. We are looking to take profit at 1.37035 where the overlap resistance and 61.8% Fibonacci line are, Stop loss will be placed at 1.34446 where the recent overlap swing low is.
Trading Recommendation
Entry: 1.35208
Reason for Entry:recent overlap support
Take Profit:1.37035
Reason for Take Profit:
overlap resistance and 61.8% Fibonacci line
Stop Loss:1.34446
Reason for Stop Loss:
recent overlap swing low
