slindstr
Long

AUDUSD Long Opportunity

FX:AUDUSD   Australian Dollar/U.S. Dollar
I was wrong about AUDUSD             being a short opportunity in my last post. Since we've been seeing higher highs and higher lows we're in a bullish trend at the moment and we're also seeing resistance turn into support around the .7470s.

Hoping the trend continues my trade is going to look like:

BUY @ 0.7468
STOP @ 0.7433
SELL @ 0.7525

Risk: 35 pips
Reward: 57 pips

Risk/Reward Ratio: 1.62
I Agree...
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