AUDUSD H4 Long to 1.05762
All the indicators on D1 are bullish
On H4 price is above the cloud, Chikou is above cloud and price, Kumo twist is bullish
Price has retraced to Support at 1.04920, which is the 38.2 Fib retracement from the high at 1.05813 and is a fractal support level from previous high.
There is also underlying Kijun support at 1.04804
Go long from here SL just below Kijun at 1.04750 TP 1.05750 A good 3 : 1 risk reward ratio
On H4 price is above the cloud, Chikou is above cloud and price, Kumo twist is bullish
Price has retraced to Support at 1.04920, which is the 38.2 Fib retracement from the high at 1.05813 and is a fractal support level from previous high.
There is also underlying Kijun support at 1.04804
Go long from here SL just below Kijun at 1.04750 TP 1.05750 A good 3 : 1 risk reward ratio
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