FuturesForexClasses

AUDUSD / H4 / Daily Forex Technical Analysis / 4.15.2019

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Hello Traders, welcome to the Daily Forex technical analysis. Today is April 15th, 2019 and we will be taking a look at the Australian Dollar against the US Dollar. Looking at the 4 hour time frame, following the breakout of the wedge were looking for some more bullish continuation to the upside. With possible bullish momentum continuing to extend this bull flag that is forming we are looking to go Long and get some more pips out this one. Entry for a Long position near the .71655 area, with a Stop Loss near the .71498 zone, to ensure a profitable trade with a 2.39 to 1 R/R. We are so thankful to have you tune in, please feel free to write a comment or leave feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!

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