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KgomotsoMonaise
Oct 13, 2019 2:52 PM

Pull-back or fake-out on Aussie Dollar? Long

Australian Dollar/U.S. DollarFXCM

Description

I got my guns on an upside rally. My take is that the price is only coming to retest both the trendline and the resistance-turned-support at 0.67730. once tested and rejected, we can look for the first target at 0.68672, while the second one would be 0.70407. Maybe too optimistic, but, oh well. Stop loss you will set according to your stop placement strategy
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