TradingView
dave25981155
Jun 16, 2016 9:28 PM

AUDUSD Long Long

Australian Dollar/U.S. DollarFXCM

Description

Not really a perfect pinbar, but a clear bullish rejection of a support zone, dynamic support of 21 ema and recent / short term support. More or less similar to the pattern on the EURUSD. Looks like market is anticipating weakening USD, which is in line with recent events such as: Fed keeps interest rates unchanged, signals fewer future hikes

Trade closed manually

Don't wanna have any open positions during the Brexit votes.
More