AUDUSD: Probably bottomed here

9 May 2017

I think the Australian dollar can start a rally very soon. I am averaging into a long position here. I have a tighter stop than shown on charts here, but this one also works. I would focus on sizing it to risk 0.5% of the account if stopped out, and aiming to ride a potential monthly uptrend in it.

Best of luck,

Ivan Labrie.

13 Tem 2017

Not

Yep...We can now break out, if we do make new 52wk highs this is serious stuff.
Target for the monthly is revised to 0.90393.

27 Tem 2017

Not

Beautiful.

27 Tem 2017

Not

Monthly rally finally confirmed!
s3.amazonaws.com/tradingview/snapshots/v/VXE2tnM1.png
Target: 0.9039