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May 1, 2014 1:33 PM

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

FX:AUDUSD1D
Australian Dollar/U.S. DollarFXCM

Description

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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.
USD (US Dollar)
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