The AUDUSD has been sold lower so time for buyers to fight back

Potential Buy Entry Alert AUDUSD

 

AUDUSD – Australian Dollar versus the US Dollar

The Aussie is down at support in a prime zone to build for a move back up. Price is currently extended so we are now watching the price action for a washout of the 0.7650 zone and then a higher low to build as the buyers start to take back control. If we see the higher low then its entry time.

 

Currency Cross : AUDUSD – Australian Dollar versus the US Dollar

Current Price : 0.7675

Status : On watch for a buy entry setup