TomReksodipuro
Long

AUDUSD Long opportunity

FX:AUDUSD   Australian Dollar/U.S. Dollar
28 0 0
With FED reluctance to show their hands i recon that AUD will range between 0.78460 - 0.76800. strong resistance available at 50% Fibonacci while strong support at 23,6%. big triangle spotted that creates possible long position while smaller ascending triangle spotted lately which supported the motion of long position, however as market can be unpredictable a degree of risk management have to be taken to minimize losses.
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