Our idea for AUDUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that AUDUSD could rise to our target 0.6857. Our SL is set at the break of structure at 0.6778.
PARAMETERS
- Entry: 0.6801
- SL: 0.6778
- TP: 0.6857
KEY NOTES
- AUDUSD has fallen to our PBA.
- Break of 0.6778 could result in lower lows.
- DXY showing weakness.
Happy trading!
FxPocket
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