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Pivot: 0.9000
Signal: Buy AUDUSD at 0.9050 with targets @ 0.9100 & 0.9130 in extension.
Stop Loss: 1 hour close below 0.9000
Conviction: The AUDUSD tested the pivot 0.9050 and a reaction at such a support level is expected. Clear price action forming a hammer on the 4 hours chart. Risk appetite is expected to rise in the coming week after the ECB interest rate decision last week.
| Support 1 | Support 2 | Support 3 | Resistance 1 | Resistance 2 | Resistance 3 |
| 0.8990 | 0.9000 | 0.9020 | 0.9075 | 0.9100 | 0.9130 |
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