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Attack_Titan
Jan 3, 2017 10:17 AM

AUDUSD long setup Long

Australian Dollar/U.S. DollarFXCM

Description

  • Price rejected 0.716 price area three times which has formed a triple bottom
  • Price broke inner descending trend line with a possible formation of a upward inner trend line
  • Foresee price coming around the previously broken resistance now turned support.
  • Which also lines up with my 61.8% fib level
  • Will be targeting the 0.733 zone which also lines up with the descending trend line were we could see a possible res test of the line before making new lower lows

FX_IDC:AUDUSD
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