AUDUSD LIONKING_FX INTERSECTION READY
I'm waiting that price can pull back later and reach nearest good level (0.72800).
We can open long position as soon as AUD will start growing.
In my opinion price can grow to the next levels (~0.73800 and ~0.74800).
Pivot:
0.71751
38.2% Fibonacci extension level and horizontal overlap support
1st Support:
0.70958
horizontal swing low support, 61.8% Fibonacci extension level
1st Resistance:
0.72732
50.0% Fibonacci retracement level and horizontal swing high resistance
If you have any questions, you can write it in comments below and I will answer them.
And please dont forget to support this idea with your like and comment, thank you
We can open long position as soon as AUD will start growing.
In my opinion price can grow to the next levels (~0.73800 and ~0.74800).
Pivot:
0.71751
38.2% Fibonacci extension level and horizontal overlap support
1st Support:
0.70958
horizontal swing low support, 61.8% Fibonacci extension level
1st Resistance:
0.72732
50.0% Fibonacci retracement level and horizontal swing high resistance
If you have any questions, you can write it in comments below and I will answer them.
And please dont forget to support this idea with your like and comment, thank you