AUDUSD Long Daily / 4hr Chart

13 Eyl

Trade Pair: AUDUSD
Positioning: Long

Thinking:

• AUDUSD has bounced off the 100 SMA on the daily chart and worked as support.
  

• Price has closed above the 50 SMA on the daily chart
  

• Price looks like it is recovering from a pullback
  

Entry Price: 0.67226
Stop Loss: 0.66515
Take Profit: 0.67994 or trail the stop if you see a strong move 0.68000

Please ensure you use appropriate risk management.

Happy pip hunting!