AUDUSD Counter-trend Buy idea, Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 25, 2020 5:44 AM

As indicated in the chart, AUDUSD can rally up to the resistance level of 0.6685.
So, it could be a counter-trend buy trade for short-term.
However, be careful as worsening risk appetite could lead to a drop in AUDUSD as well.

Comments

ProjectSyndicate

⋅ Feb 25, 2020 5:42 PM

gbpusd 2daily best level short 150/200 points(NEW).

sumaia_khan

⋅ Feb 25, 2020 2:30 PM

good idea

Datascientist

⋅ Feb 25, 2020 12:06 PM

Good chart.

sealedtombs

⋅ Feb 25, 2020 11:02 AM

thank you!

AlexGambat

⋅ Feb 25, 2020 9:02 AM

thanks

SkImran007

⋅ Feb 25, 2020 8:36 AM

Nice idea

transparent-fx

⋅ Feb 25, 2020 7:27 AM

we will see how price action will develop, here's my mta

caricon

⋅ Feb 25, 2020 6:48 AM

Good idea

Christuanjonkar

⋅ Feb 25, 2020 6:46 AM

Excellent idea.