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reubenroyal

8H AUD/USD LONG

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Dolar Australia / Dolar A.S. (FX:AUDUSD)  
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FX:AUDUSD   Dolar Australia / Dolar A.S.
Support and Resistance Multiple Time Frame Analysis Beyond Technical Analysis
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supportandresistance mtfa beyondta
CFTC data shows that banks have significantly decreased their short positions and have been building longs. When you also take a look at the DXY chart, it is nearing resistance and I anticipate DXY to go down. These two combined make for a good long position on AUD/USD seeing as how we are now at a good daily support zone . I am going long up to the indicated resistance zone .
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reubenroyal
D1 DXY LONG
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