AUD/USD Intraday Long: Targeting a Reversal from Support in a Sideways Market

AUD/USDLongIntraday9h ago3 views

Trade Setup

Entry Price

0.65260

Stop Loss

0.64982

Take Profit

0.65817

Risk : Reward

1 : 2.00

RiskReward

Charting the Opportunity: A Setup Around 0.6526


Good morning, KoraFX community. My focus today is on AUD/USD, a pair that has been trading in a rather contained sideways range, evident from its current price of 0.65316, having bounced from its day low of 0.65142. While the overall trend remains flat, I'm spotting an intraday long setup that offers a compelling risk-reward profile.
My analysis indicates a potential buying opportunity with

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