Long AUDUSD Triangle Pattern Breakout Trade Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Nov 1, 2016 11:39 AM

Long AUDUSD to catch breakout from triangle pattern

Buy placed above area of resistance of previous attempts to breakout, targeting 81.6 as the next level of resistance for the pair. Driven in part by possible breakout of AUDJPY pair

Entry: 0.77750
Stop: 0.77000
TP: 0.81600