olly48

AUD/USD Looking Good to Long

Long
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
This seems to have held at support and is now looking safe to go long on. EMA's are about to cross, MACD is still below 0 but looks like a strong upward movement is happening to take it back above. You could wait for a couple more candles to close for confirmation of this if cautious. TP is set at 0.80548 although there are higher peaks at this level. SL just below the low of support.

TP - 0.80548
SL - 0.75540
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.