Potential Long Opportunity for AUDUSD

15 apr 2020

My larger play for AUDUSD is still running. However, in the short term, i believe there is a long opportunity at the current price level. This is because of the fact that it is currently at the rising trendline while resting on the 200 EMA. This is a very risky trade and i demanded a better risk-reward to take on this trade. Manage your lot size wisely and all the best !