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UnknownUnicorn180388
Feb 9, 2017 9:53 PM

AUD.USD - Long Breakout Opportunity Long

Australian Dollar/U.S. DollarFXCM

Description

The AUD.USD is one currency pair on tomorrow's watchlist.
Once my entry criteria has been met i will await a clear break prior to entry.

Comment

Potential long opportunity in the break and close.

Comment

We have now seen a break above the previous lower high.

Comment

A potential pullback to .7657 before we look to retest .7700 resistance
Comments
mxb1961
Are you still looking for AUDUSD to move higher? Curious if you think this still may be a buy or not.

Jamal92
Chances of the dollar recovering is pretty high. Which can affect the AUD and create a pullback to around the 0.75500 levels the rally to arou d the 0.7700 levels
UnknownUnicorn180388
@Jamal92, It's certainly possible, we will await market open.
jaffd12
Hello Tom, what do you mean by 4Hr EMA?

Thanks
UnknownUnicorn180388
@jaffd12, The red line is the 4hr EMA
cals
Good Setup TomHall, took the break at 15m triangle but it fell short of 92, i think we should be a pattern continuation of the breakout
UnknownUnicorn180388
@cals, Thanks very much.
We will see how market opens, have a great weekend.
taksistalo
Lets hope next week it goes for little drop for 382% of a cypher and than brake of that line ;-))))) Would be nice
UnknownUnicorn180388
@taksistalo, We will have to wait and see :-)
locke_yong
@tomhall, the breakout is up to 0.775 and then a retracement ??
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