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MountOlympusFx
Feb 18, 2019 11:34 PM

AUDUSD Buy: Weekly, Daily & 4hr. Long

Australian Dollar/U.S. DollarFXCM

Description



AUDUSD Long Thesis

- On weekly timeframe previous low which was a hammer candle wasn't taken out so this pair is still bullish for me.
- Price took out previous highs on daily and is now currently at 0.7150 monthly.
- Price was able to close above 0.7120 signalling this pair could move higher to visit 0.7182.
- If 0.7120 holds then price is expected to rally up to 0.7182 resistance.

Trade active

Trade closed: target reached

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