theanasmhmdfx
Long

AUD/USD likely to strike upward at open?

FX:AUDUSD   Australian Dollar / U.S. Dollar
4h trendline and support level intersecting. Possible that A/U will fall back to .69000 before trend continues so I'll wait for a strong upward break before I take a long position to the commanding resistance.

This is just an idea and I'm definitely open to some feedback.

I'm not a financial analyst, and you should be using proper risk management. ;)

Comments

Very good setup especially when price reverses from here, thanks for the update.
Reply
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