AUDUSD Short first and then Long term Long setting up nicely Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 5, 2014 8:49 PM

Expected price over the next few weeks is 85. We came so far and now there is no point of starting a upward trend without testing the multiyear trend line. I will look to buildup a position in AUDUSD between 82-85 level. depending on price action.