The momentum is still strongly BULLISH in Aussie pairs, so I entered position for a short test, purely for technical reasons. Oil fluctuations will probably rise ahead of Doha and EIA inventory data, I also expect volatility in commodity dollars to pick up. Chinese GDP figure on Friday is also a risk factor, some AUD profit taking might occur.
RR: 1:3
Stopping out position if AUDUSD makes it above 0,77.
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.