DislikedLooks like the aussie dollar is going from strength to strength with this bullish engulfing bar on the daily chart. A good idea to go long at the break of this daily bar that will close in 2.5 hours (on my chart)?Ignored
There's too many things against it for my taste. That daily is closing right into .7500 which concurs with the weekly 61.8. In addition it has that classic buy on top feeling I ran into too many times so its a pass for me.
I'd keep a tight stop on that long if i were you.
Nice thread BTW