AUDUSD - Long position active

Following the latest ideas, the AUDUSD activated last Friday a long position.

There is a important resistance area
shown in the blur rectangle in the chart, but the contest in the Daily chart make me believe that there is a opportunity to get in a long position.

The weekly chart still under MM200, but far from the average.

A good take profit should be around 0,7000 which is a good resistance in the weekly chart also.

Take care of your money, only trade what you can afford to lose and it won't be missed. Trade is high risk!

Penafian