krissur

AUDUSD at support trendline

Long
krissur Updated   
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is at a very intersting area. When we zoom out we can see that this is the lower side of the upward moving channel. The best time to start buying once price action confirms a bounce from this level and a continuation of the uptrend. Let's watch this very closely.
Order cancelled:
With the recent dollar strength I'm not liking this setup anymore eventhough price does struggle at the trend line. I'll look for more convincing trades and I wont marry this idea ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.