Newmans.Analysis

AUDUSD Buying opportunity off ascending trend line and 38.2 fib

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD made a new high, I'm looking to enter a buy position on a pull back around 0.76650, near the ascending trend line and 38.2 fib level. Let me know your thoughts on this setup. Thanks. ** High impact China news at 10pm est may effect price action for this pair**
Comment:
May have missed the bus on this trade due to high impact China news release. I'm going to continue to monitor... Happy trading!
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