{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/audusd-bueb\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/audusd-bueb\/","headline":"AUDUSD BUEB","name":"AUDUSD BUEB","description":"The AUDUSD has formed a Bullish Engulfing Bar (BUEB) on the daily chart. This BUEB is against the short term trend, but has formed sitting on a solid\u00a0support\u00a0level. If price can break higher price may move into the next resistance. If however price moves lower we would look for the downtrend to continue and sell […]","datePublished":"2012-09-07","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/09\/AUS.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/09\/AUS.png","height":"301","width":"581"},"url":"https:\/\/forexschoolonline.com\/audusd-bueb\/","about":["Price Action Charts in Focus"],"wordCount":114,"articleBody":"The AUDUSD has formed a Bullish Engulfing Bar (BUEB) on the daily chart. This BUEB is against the short term trend, but has formed sitting on a solid\u00a0support\u00a0level.If price can break higher price may move into the next resistance. If however price moves lower we would look for the downtrend to continue and sell short on pullbacks higher.During this session the Non Farm Payroll (NFP) is due to be released in the US. Leading into these\u00a0announcements\u00a0price is normally very quiet, followed by\u00a0mayhem\u00a0for about 15 minutes after the announcement. Depending on the NFP, price can move\u00a0erratically\u00a0either way on US pairs. AUDUSD DAILY CHART – 7 SEP 2012 "}