FX:AUDUSD   Australian Dollar / U.S. Dollar
369 4 1
Entered this trade @ 1.04794 with a target just below Fridays high 1.05803 and a stop @ 1.04358. The risk to reward ratio is aprox: 2:1.

Price action seems to be bouncing off of the .618 fib extention taken from the 9/6/12 low, 9/7/12 high and 9/11/12 low. Price was also supported by an hourly support line @ 1.04640, and further backed by the 50% fib extention and then daily support where my stop is placed below.

RSI started to turn up crossed the 30 mark and broke its downward trend line on the hourly chart.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out