AUDUSD Retracement
Updated
AUD has strengthened over the last 40hours. However, Commodities are still down and the fundamental have not changed. AUDUSD is at a resistant level, a pivot point, the 75EMA, and has retraced tot he .786 level. I'm looking a move further down. I've put a smaller S/L at only 20pips since if it breaks above that level than I suspect it will strengthen more.
Trade closed manually
I closed this Trade yesterday evening. However, I thinking the conditions are still true.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.