Newmount_Trading_Exchange
Long

AUDUSD Long on Trend Line, Fib Zone and Support

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
We are expecting the market to continue to drop to the 38 Fib Zone, which is on a Ascending trend line , and also 4hr Support level .
We a looking to buy at 0.79964, we have set our TP around 600 Pips up on the weekly resistance level , but will be actively managing the trade and moving SL once we are around 40 Pips in profit.
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