AUD/USD (-50)

with the pair hitting 100 simple moving average and daily support trend line, there is opportunity to enter fresh longs. With the start of the week we could expect markets to buy risk and commodities. Gold is already making progress as well as oil, both of these signs are for the risk appetite, what should support long position on aud/usd. Recent fundamental news support this trade (Australian rate hike) Stops should be placed bellow 0.9250 and profit targets should start above 94.00