AUDUSD OPPORTUNITIES
We saw a break of the bullish trendline last week which could indicate some consolidation / bearish pressure.
I have a high risk sell on the new daily support at 0.656 area, targeting 0.628 - 0.63.
If price breaks above the resistance my next pending order is at 0.6645 - 0.6655.
If price breaks and closes above top resistance and 200EMA trade is lost.
I have a high risk sell on the new daily support at 0.656 area, targeting 0.628 - 0.63.
If price breaks above the resistance my next pending order is at 0.6645 - 0.6655.
If price breaks and closes above top resistance and 200EMA trade is lost.
Note
+50 pips from first entry, I am half out and SL at BE.Note
+100 pip SL to +50Trade closed: target reached
full out at 0.64 area +170 pips
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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.