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nadavhurwitz

AUDUSD - Long

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
nadavhurwitz  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns aususd aussie aussiedollar dollarbears dollar
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trendanalysis chartpattern aususd aussie aussiedollar dollarbears dollar
Downward resistance break out with bullish engulfing.

Engulfing on support level & 55 moving average.

Enter on engulfing confirmation.
Stop loss below engulfing.

Macro support:
Weak US labor force and democratic control of government means a lot more stimulus.
This supports a weaker dollar.

Happy Trading:)

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