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Deepak_dc93

AUDUSD at its support buy at 0.76966

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Deepak_dc93 Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns Forex forexsignals forextrading forexalerts audusdlong Technical Analysis
3
0
trendanalysis harmonicpatterns chartpattern forex forexsignals forextrading forexalerts audusdlong technicalanalysis
I will go LONG on AUDUSD because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .

Entry - 0.76966
Target - 0.77421
Stop loss - 0.76855
Trade closed: target reached
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