FOREXEL

AUDUSD - Bullish Divergence coming into play or...

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
8
AUDUSD has a new Bullish Divergence on the Weekly as well on top of a Double bottom which I traded successfully last weekly (until the Dollar crushed the Aussie again) Now I will keep an eye on this pair on the 240 which is showing a nice sideways movement from the Bullish Divergence - so a possible breakout might be near. This weeks Chinese data will imho make or break this trade. Happy trading
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