I seem to be stuck around 80K, after losing some in a GbpUsd long that I closed quickly when it failed I opened AudUsd and NzdUsd longs but these are stuck on significant levels AudUsd around 0.75 and NzdUsd around 0.7 I will have to wait
I am currently suffering some drawdown due to my EurUsd long I went long EurUsd around 1.045 - and that was a bit too high I added a NzdUsd and a AudUsd long, and they are about break-even I anticipated some drawdown - but I still see 1.04 area holding Things looked good last night when we hit 1.05, but UsdJpy is stronger today, bringing Eur down a bit I will hold on to my long Eur, in anticipation of UsdJpy failiure above 1.18 again
AudUsd is looking to challenge long term downtrend Looking at the weekly chart I see a long term downtrend: Indicators (DiNapoli) and SMA's are pointing to bullish action, though And a shorter term trendline seems to be leading the pair up to longer term downtrend upper border On the daily chart it becomes more clear: Here too, indicators are mostly bullish, and we can see price action playing out I believe that longer term trendline will be tested and should hold at first The daily trendline sh…