eToro – Forex Trading Forum

[DoctorSpread]

While speculating on the AUD resistance at 0.9500, but "the more often a resistance tested, the likelier it is to break down." i think that it would be for the best going long-term on another retrace above 0.9287 .
This support was made even higher by the upward-sloping trend line that has held since August of last year, making a very bullish reversal here, now you can clearly see a bullish run to take out resistance at 0.95.

[Patrick]

I have a few long positions on AUD for carry trade purposes.

[alasad]

hi