ahmid2k13

AUDUSD GOLD HIKE LONG

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Double Bottom Has Formed On Weekly Support Suggesting The Previous Bearish Momentum Has Lost It's Steam
Price Surged And Closed Above Monthly Resistance Indicating Strong Bullish Pressure
A Bullish Close Was Made Within Supply (1 Hour Chart For Earlier Entry) Further Indicating A Buy Move
Price Above 20,50 And 200 MA
The Recent Gold Hike Further Confirmed My Aussie Long (As They Share A Positive Correlation)
Same Long Was Taken On NZDUSD (Which Also Share A Positive Correlation) But Tp Has Been Reached Already (50+ Pips) Aussie Left Running Now Risk Free

Oil Looking Bullish Which Gives Me Further Confidence On Aussie Long As The Dollar Is Likely To Slump

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