AUDUSD - Analysis, potential 'Buy' order
Updated
Technical - Daily chart
We have an uptrend on the Daily chart, HHs and HLs formed and candlestick formation is indicating bullish momentum.
EMA 34 has crossed EMA 55, I would personally enter a long trade, but I would advise you to take into consideration your own strategy and risk management.
We have an uptrend on the Daily chart, HHs and HLs formed and candlestick formation is indicating bullish momentum.
EMA 34 has crossed EMA 55, I would personally enter a long trade, but I would advise you to take into consideration your own strategy and risk management.
Trade closed manually
The trade was closed manually with 23 pips profit taken.
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