Is AUDUSD heading to the sky after last week's strength in AUD? Long

FX:AUDUSD240

Australian Dollar/U.S. DollarFXCM

Description

⋅ May 21, 2018 7:48 PM

AUDUSD 4hourly chart suggests that the upward move for this pair will continue for now.

Comment

⋅ May 21, 2018 7:51 PM

There are two rejection candle at the bottom and price has bounced off from there which continues to go upwards.

I have placed a buy stop order at 0.75892 with stop loss at 0.75599 with TP1 at 0.76145, TP2 @ 0.76505 and TP3 @ 0.77371