AUDUSD H4 SIMPLE STRUCTURE PLAY

Australian Dollar/U.S. DollarFXCM

Description

⋅ Mar 3, 2016 9:19 AM

Price seems to be bouncing off a trendline. Either wait for break above resistance or break below trendline to make entry.

⋅ Mar 4, 2016 2:54 AM

Looks like it broke resistance. Wait for consolidation before making a long entry.