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olly48

AUD/USD Has Retraced to Support, Time to Long

Long
Australian Dollar / U.S. Dollar (FOREXCOM:AUDUSD)  
olly48  
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators AUDUSD audusdlong audusdforecast audusdanalysis audusdbuy audusdidea aud USD
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trendanalysis chartpattern indicator audusd audusdlong audusdforecast audusdanalysis audusdbuy audusdidea aud usd
This has retraced to the support level, I would wait for this to drop a touch more to the bottom of the current wick at 0.76692 before considering entering a long position. SL below the low of the support area and TP at the previous high. As previously stated I do expect this to continue rising in the longer term also.
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