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IvanLabrie

AUDUSD: Probably bottomed here

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
IvanLabrie Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD timeatmode rgmov keyhiddenleves china
36
8
audusd timeatmode rgmov keyhiddenleves china
I think the Australian dollar can start a rally very soon. I am averaging into a long position here. I have a tighter stop than shown on charts here, but this one also works. I would focus on sizing it to risk 0.5% of the account if stopped out, and aiming to ride a potential monthly uptrend in it.

Best of luck,

Ivan Labrie.
Comment:
Yep...We can now break out, if we do make new 52wk highs this is serious stuff.
Target for the monthly is revised to 0.90393.
Comment:
Beautiful.
Comment:
Monthly rally finally confirmed!
s3.amazonaws.com/tra...shots/v/VXE2tnM1.png
Target: 0.9039
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