Enjoy a very long rally, AUD / USD has left a clear imprint in the form of a rising channel. However, if you think this is the highest point achieved by allowing for the bulls, then it is time for the bulls to rest, and let the bears who will continue his journey.
However, good money management is dipertlukan in times like these. Just incase, the bulls still feel able to achieve a higher position.
Trade at your own risk. Do not trade forex as forex trading involves financial risk, and do not trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy/sell currencies / forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
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