AUDUSD: Broke long term resistance?
The Aussie broke an important resistance level around 0.8192, its also trading above the short term resistance range, which validates the long term break out, so as long as the AUDUSD keeps trading above 0.8192, I will be looking for long trading opportunities. Take a look at the next chart.
Here is my trading plan:
As long as the market keeps trading above 0.8190, I will be looking for long trading opportunities targeting 0.8450.
All short opportunities will be ignored.