TradingView
DayTradingOracle
Jun 20, 2019 12:13 AM

AUDUSD TO THE MOON! Long

Australian Dollar/U.S. DollarFXCM

Description

In terms of technicals, looks as if the AUD is reaching a bottom. Would like to see if it breaks the trend-line drawn in; however, entering in the trade now would limit my risk a bit more. Also if we take a look at gold we can see that price is also topping out from 2015. AUD is hitting bottoms from 2015. AUD and Gold tend to move together so this looks like a good possibility here. Any one agree?
More