AUDUSD: Broke the range, long trades in play
The AUDUSD kept trading in a very tight range in the last 2 weeks. But earlier today the Aussie broke that range for the upside, this is what I got:

Now that it is out of that range, we entered a bullish market condition and should be looking only for long trading opportunities.
My Trading Plan:
As long as the AUDUSD keeps trading above 0.8781 I will be looking for long trading opportunities. All TP orders will be placed below the next long term resistance level around 0.9006
All short trading opportunities will be ignored.
Trade Safe!
Raul Lopez
AUDUSD Analysis, aussie analysis, australian dollar, Forex majors