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GOING LONG IN AUDUSD | TRADING STRATEGY

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Bullish Indications
1. Series of Higher Highs and Lows
2. Significance Support Area at Entry Point
3. AUD Index is Bullish
4. USD Index is Bearish/Sideways
5. Volumes are increasing as the price is in the range


Bearish Indications
1. Break 0.236 Fib level support
2. Recently Formed Double Top which is a reversal pattern
3. Break Trend line support

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