Friday 2 February 2018

AUDUSD- correction in daily timeframe

AUDUSD in Daily timeframe. Price moved above the 200 MA and it is also above the 20 MA.

Price is now retracing back to 20 MA. I'm waiting for a buy after bouncing back from the 20 MA.

I'm going to go to buy at price 0.8140. Waiting for the entry point.

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