This pair just broke a descending trading line.
Recent Gold prices increase are taking the AUD up.
The pair is trading above Moving Averages of 20 and 50 days.
RSI calls for further bullish momentum.
MACD is positive and above its signal line.
Take profit at 1.0933
Stop loss behind support level 1.0807 ( at least 20 Pips).
Recent Gold prices increase are taking the AUD up.
The pair is trading above Moving Averages of 20 and 50 days.
RSI calls for further bullish momentum.
MACD is positive and above its signal line.
Take profit at 1.0933
Stop loss behind support level 1.0807 ( at least 20 Pips).
Comment:
*Stop Loss behind 1.075, for a safer position.