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Apr 3, 2017 4:36 PM

AUDUSD gonna Trigger a ST Long Position on a ST Support & SnD Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD overall looking sideways and thus I would like to trigger a long position near 0.7580 (Support & SnD-D1) with a stop around 0.7525 region and targeting the short term resistance near 0.7660 region.

As long as AUDUSD trade below 0.7770, I would consider AUDUSD sideways and gonna short at the top unless 0.7800 got taken out.
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