afhacker
Long

Is it start of a new trend?

FX:AUDUSD   Australian Dollar/U.S. Dollar
40 1 1
USD lost a lot for others last week and now some of the market trends may reverse back so one of this trends that looks really great for me is AUDUSD             , This pair made a nice bullish engulfing candle on weekly chart so if you want to catch this new move you may put a buy stop few pip above this candle.
It's just technical view for starting or reversing a trend we need to fundamentals too so analyse that part by your self.
afhacker
a year ago
Bears failed to do anything special last week so let's see next week our up trend will continue or not?
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