Still checking the AUDUSD bullish move. We are looking at the AUDUSD pair to go long at the support level from the price of 0.6410. The market is forming higher highs and higher lows. The H4 is forming for the bullish move on it. Lets see how fair the pair throws the price action.

The ascending trendline has been retested at the support level. This will form a confluence strongly for the matter of bullish momentum. 

There is a retracemetn level of 75% which is in confluence with the support level. This confluence is strong and the market can take the market up after tapping this level.

EMA 50 is still bearish and might retest it forming another solid bullish confluence for the continuation upwards.

RSI is at 40. It needs to be redapted at the over sold region. The market can fall at the over sold region at the level of 25 level, and form a confluence level to continue moving up.

Still checking on AUDUSD

Sep 21 2023

Stop Loss -0.40%

Holding time 5d15hr

0.64037

Entry price

0.63780

Stop loss price