the5erstrading

Swing analysis AUDUSD 03/05/18

FX:AUDUSD   Australian Dollar / U.S. Dollar
Those are the key levels for swing position at AUDUSD .

After the recent downtrend, I'll prefer to look reversal opportunity,

If the price will break out the resistance above he has a clean way until

The supply above or even the one at the top, if that happens I'll look

For a signal of buy position, something like a new fresh demand, my first target

Will be the supply above and the final target is the supply at the top.
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Comments

@the5erstrading i say this based on the higher highs and higher lows
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@the5erstrading how is this looking, still holding the same view? looks set for a long..
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the5erstrading formobilogmay
@formobilogmay, Yes, still look for long, until now couldn't find any clear setup to buy, wait and see
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