AUDUSD – Looking for long opportunities

The AUDUSD has been trading around historical highs for a while now, and to tell you the truth, it looks like it has no intention to retrace back (not even to get some impulse), so there is nothing else to do here than look for long opportunities:

Since we have no LT resistance levels, if I find my signal to go long I will use a 3:1 Risk-reward ratio to set my TP order.

Trade Safe!

Raul Lopez
Forex Training

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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 .