AUDUSD – Just broke the range

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

The AUDUSD traded in a short term range around a long term support level in the last 30 hours. However, a couple of hours ago, the AUDUSD broke the ST resistance of the ST range:

AUDUSD
AUDUSD

This leaves us with the possibility to look for long opportunities in the AUDUSD. As long as the Aussie/Dollar trades above 0.8494 I will be looking for long opportunities.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

AUDUSD 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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