The 5%ers' Blog

Reversal opportunity AUD/USD 26/04/18

April 26, 2018 | 1:48 pm | The 5%ers' Blog
April 26, 2018 | 1:48 pm
The 5%ers' Blog

AUD/USD is after a long downtrend, in this situation I’ll prefer to wait for reversal position opportunity, if the price will break out the resistance above it indicates the bearish momentum has changed to bullish, if that happens I’ll look for P”A of buy position, my target will be the supply above.

Our Tradingview Channel: https://www.tradingview.com/chart/AUDUSD/SPg7sUTm-Reversal-opportunity-GBPUSD-26-04-18/

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