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stamoyo

AUD/USD Plausible price action

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
stamoyo  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Wave Analysis Chart Patterns
2
0
trendanalysis waveanalysis chartpattern
The pair is on the threshold of its long-term direction and the risk/reward ration of a potential long position is quite awesome. The RSI is slightly above 50 points and the MA is flat which is a very common sign of a trend reversal pattern.
*Disclaimer: this is for educational purposes only*
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