Phenlx

Opening first Long Positions for AUD/USD

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
4
Following my analysis from Sunday (linked to this one) i am opening first positions in AUD/USD.
Reason for this is an expected rebound on lower trend support line. SL will be at 0.7080

It might be possible that we will even get lower but I am fine with this risk since the other side of the medal is a nice risk/reward ratio.


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