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TraderAvDM

AUDUSD at Multi-year Support:HUGE BUY with great R:R

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
TraderAvDM Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns AUDUSD audusdlong audusdforecast audusdsignal audusddaily audusdanalysis audusdsell audusdbuy
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trendanalysis beyondta chartpattern audusd audusdlong audusdforecast audusdsignal audusddaily audusdanalysis audusdsell audusdbuy
It seems like the time for AUDUSD recovery is very near. AUDUSD is now consolidating at the multi-year SUPPORT LEVEL and we could see a rapid rise in this pair soon. Swing traders especially can BUY AUDUSD at 0.6870 area with SL below 0.6800. TPs can be set at 0.7050, 0.7300 and 0.7500 over the next few months.
I believe some kind of positive resolution in the US-CHINA trade war will lead to massive strength is currencies like AUD and NZD.
Comment:
Bounced from support area as expected.
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