Dluginacci
Long

AUD/USD Close To Breakout - Long Trade Idea

FX:AUDUSD   Australian Dollar / U.S. Dollar
50 0 3
The AUD/USD             has started to move back up towards a number of 'Key Resistance Points' after going into decline by as much as 474 pips at the beginning of this year's trading. The trendline next on the upswing is shown (on the chart) by utilising a number of swing highs. The ultimate SH is the one depicted in February 2016 at 0.7242. Any breakaway that begins higher than these values would strongly indicate that finally the markets downward trend has started to turn.

Note: Failure for the price to breakthrough would mean that values could well retrace lower. If this scenario applies, then traders will be looking for prices that will enable the 2016 current low to be tested at 0.6827.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out