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Australian Dollar / U.S. Dollar
Long

AUDUSD Incoming Bulls

By chrisohsnap
Updated
Sold at the higher high TP... now it's back down touching trend line for a possible upwards movement if this follows the trend. Could make a higher high I am keeping my TP conservative. Wait for confluence risk to reward ratio 2:1
Comment
Took a small loss but kept my sell from earlier this week on hold now closing out for profit on the down side. Note to self: overall trend on the daily chart was still in a downwards movement there was no sign of uptrend. Sold at .70506 now 100+ pips and a loss of 22 pips total 78 pips+ for this week with this pair.
AUDUSDTechnical AnalysisTrend Analysis

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