krissur

Bullish AUDUSD, first stop 0.74000

Long
FOREXCOM:AUDUSD   Dollar Australien/Dollar Américain
#weeklychart : Like most major #currencypairs the #AUDUSD moves in clear waves and @priceaction is easy to read. Here we can see that price seems to have shifted from a Downtrend to an uptrend.

#dailychart : When we thought AUSUSD reversed it came down one more time. After that we can now see higher highs and higher lows again so the trend on the daily chart for now is up.

#4hourchart : Here we can see price is puling back into previous resistance forming support. Making higher highs and higher lows along the way this picture is showing obvious #tradingopportunities with great #riskreward

#forexsignal : I'm still bullish up until 0.74000 where a major resistance will likely cause price to struggle.
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