trendtrader

AUDUSD Following 1 Month Old Trend Line - Clear Buy Signal

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is following a month old trend line, giving a clear buy signal to keep moving forward. The chart above shows a strong support level also being approached right now, which makes it just the ideal time to get into a long position right now. I am not setting any TP level for this pair at the moment and going to just let my profits run for the current time.
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.