Following the latest ideas, the AUDUSD activated last Friday a long position.
There is a important resistance area
shown in the blur rectangle in the chart, but the contest in the Daily chart make me believe that there is a opportunity to get in a long position.
The weekly chart still under MM200, but far from the average.
A good take profit should be around 0,7000 which is a good resistance in the weekly chart also.
Take care of your money, only trade what you can afford to lose and it won't be missed. Trade is high risk!
There is a important resistance area
shown in the blur rectangle in the chart, but the contest in the Daily chart make me believe that there is a opportunity to get in a long position.
The weekly chart still under MM200, but far from the average.
A good take profit should be around 0,7000 which is a good resistance in the weekly chart also.
Take care of your money, only trade what you can afford to lose and it won't be missed. Trade is high risk!