Sinex

AUDUSD. Idea

Long
Sinex Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
An idea to buy AUD would be to buy support. But we must be patient and let AUD prove itself that it has
bottomed. If it turns back down without crossing resistance (HIGH) then this idea is void.
Stops 20 pips below buy should suffice.
Comment:
This looks weak to buy. I would have liked to have seen a bigger push up.
I do not think this is a buy at the moment.
Comment:
I took the trade on the second bounce off that line. Precision trading friends!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.