cfdtrading_news

AUDUSD At 200 EMA, Trendline, and Support -- Time to Go Long

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
A nice setup forming on AUDUSD that I'm in on. Price bounced off the 200 EMA, and is currently at the bottom of an upward trendline with horizontal support nearby. I'm long at 9267 with my stop at 9196 and a target profit at 9522.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.