AUD/USD: Long @ 0.6559 Stop set 200 pips below

This pair has moved nicely towards the bottom of the current range and I have gone long in the lows - The stop is again set at 200 pips below and I will look for a target of 70

The downward momentum is getting weaker and the triangle is tighter. This trade does carry risk as the USD gains across the board.

If this level holds as support I will keep it open to see where it heads.