maccabean
Long

Keep an eye on the AUD/USD

FX:AUDUSD   Australian Dollar / U.S. Dollar
A possible long opportunity is coming up for the AUD/USD             . We would just need a little more movement upwards for me to jump in and say BUY with conviction. All the indicator signals are aligning to produce a message that says the market is ready to shoot up.

Signals:
Price bouncing off Linear regression .
Price bouncing off long term support.
MACD moving into bull territory with upward momentum.
RSI is moving up.
CCI is lifting up into buy/oversold territory.
Moving Averages are turning up.
Bollinger Band has potential to expand.
and now ?
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Perhaps w e might see the price move sideways.
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Resistance at 93.1. Through that to 93.7, below to 92 again...
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