AUD/USD: Intraday Long Setup Targeting 0.665 Amidst Bullish Momentum and Technical Confluence

AUD/USDLongIntraday4h ago2 views

Trade Setup

Entry Price

0.65335

Stop Loss

0.64711

Take Profit

0.66583

Risk : Reward

1 : 2.00

RiskReward

Current Market Posture and Technical Read


Taking a look at AUD/USD, we're seeing a clear bullish trend in play. The pair is currently trading at 0.6546, reflecting a solid 0.4% gain over the last 24 hours, having moved within a day range of 0.6507 to 0.6585. My analysis points to a continuation of this upward trajectory, especially after testing and holding key levels. We've seen resilient buying interest around the 0.6507 mark, which served as the day's low and a strong immediate support. The broader psychological level at 0.65 also underpins this bullish structure.
My intraday setup is a long entry at 0.65335. This level offers an optimized entry point, aligning with a potential

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