OANDA:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in a bullish trend making Higher Highs and Higher Lows in a an assending channel pattern. There was divergance on RSI previously which has been diluted with the formation of new Higher High hence reducingthe probability of a downward move. The trade plan is based on DOW Theory and RR for TP1 is 1:1 and 1:2 for TP2.
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