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theforexarmy
14 פבר׳ 2017 09:04

AUDUSD above major support, remain bullish לונג

Australian Dollar/U.S. DollarFXCM

תיאור

Buy above 0.7659. Stop loss at 0.7604. Take profit at 0.7780.
Reason for the trading strategy (technically):
Price is testing major support at 0.7659 (Fibonacci retracement, horizontal overlap support, pullback support, ascending support) where we expect a further push up to 0.7780 resistance (swing high resistance, Fibonacci projection).
RSI (34) is seeing ascending support holding price up really nicely.
עוד