Long AUDUSD off broken and Tested Weekly Downtrend Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Aug 16, 2016 7:53 AM

Took a long on AUDUSD as it broke weekly Downtrend and tested trendline confirming bullish case. AUDUSD trading on a channel and take the trade on a range trade basis. Bottom of range to top of range unless trend says otherwise.