AUDUSD: Broke long term resistance?

Written by Raul Lopez on . Posted in Trades & Analysis.

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.

AUDUSD
AUDUSD

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.

Good luck

Raul Lopez

AUDUSD Analysis, aussie analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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