As you can see from the chart above, AUDUSD is moving slightly up, finding a suppport yesterday at 0.9119. After that short bullish movement USD is gaining ground against AUD breaking the bullish trend line. The trading idea for today is to sell the pair AUDUSD since the most probable scenario is to test again the support line at 0.9119. On the other hand, you can take a long position above 0.92085 putting SL 10 pips lower and take profit 20 pips higher.
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Tuesday, November 26, 2013
AUDUSD Trading Idea 26.11.2013
As you can see from the chart above, AUDUSD is moving slightly up, finding a suppport yesterday at 0.9119. After that short bullish movement USD is gaining ground against AUD breaking the bullish trend line. The trading idea for today is to sell the pair AUDUSD since the most probable scenario is to test again the support line at 0.9119. On the other hand, you can take a long position above 0.92085 putting SL 10 pips lower and take profit 20 pips higher.
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