Orion-Markets

AUD/USD Long Trade Channel Forming

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
As the daily price has move directly down towards our trend line a clear long order is emerging, with the daily channels clearly defined we will be entering long around the 0.68500 level.
The US/ Iran saga is something to consider within this position. Remember to use good risk/reward ratios.

Check out all our in depth analysis and trade ideas here

www.orionfxmarkets.com

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.