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Chris4XTrading
Jul 31, 2018 5:32 PM

Test of long-term resistance 

Australian Dollar/U.S. DollarFXCM

Description

Here we go again - for the 5th time this year. Will the Australian dollar be able to break free from it's downwards plummet against the US dollar?

Or will we see yet another bounce off of the VERY strong resistance? I think we might just.

But for now, let's put our faith in the dollar to climb up to the resistance. More updates soon.

Trade active

Long active.
TP: 0.74800
SL: 0.74100

Comment

Revised SL:
1.174000
More