IceTrading

AUDUSD Long Term Trend Continuation Trade 1:16 R/R

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is currently approaching it's 14 year uptrend line. An ideal entry would take place in late 2015 to early 2016, with a final target above it's past highest high 1.105. Many traders do not understand the power of basic technical analysis on higher time frames. It is my hope to help traders understand the importance of long term TA and having a high risk reward ratio when trading. Please leave your thoughts, comments and a like. It is always appreciated. Happy Trading!

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