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AUDUSD: The Chart to Watch


A good chart is worth more than a thousand words

APRIL 25th UPDATE

Get ready to jump out of this trade as we continue to move closer to the Green line target.
Best of Luck!

MAY 13th UPDATE

Right to the tick analysis guy. ...Do you know where the money is!

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The EUR$ trend is just about being defined. It would be alot more easier to upload an update for EUR$ chart after NFP. But considering price proximity to the defining trend line, i thought it just might be okay to drop this update today. This is a typical trend line retest and should be an easy trade... wait for a confirmation of bullish momentum if trend line is taken to the upside, otherwise look to take a short signal on re-test. Happy Trading!