AUD/USD LONG? ENTRY@0.75110 STOP@0.74322 TARGET@0.76717

15 Sep 2016

Strong bounce can be seen around the 0.74500 area. Buyers have already made their move upwards, however, to consider this as a viable trade I would have to be sure that buyers are in control of price, and therefore for todays candle to close above yesterday's highs. In addition, be aware of the consumer price index report that may have a big impact on this trade.