Chad_Sniper

AUDUSD - Long

Long
Chad_Sniper Updated   
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
0.064585 is Buyer's zone and a discount area as well.
Price previously breaking up to 0.68684 is an indication that AU wants to go further up long term.
Comment:
the retail sales MoM seems to back this directional bias
Comment:
triple top is observed. price might retest that and be persistent in pushing further long.
Trade closed: stop reached:
PPI and trading permits news hit SL and went against the bias.
Trade active:
0.65038 is the fibonacci .618. Assuming news on Michigan Consumer Sentiment drives this pair bullish, then that level is a good rebuy entry.
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