Aussie Dollar has been trading within this channel since November of last year. Current price has slightly broke above .70000 testing the top region of our channel. Taking into consideration the beating the UD took last week, I expect the Aussie$ to have a minor pull back to previous support near the .69000 level.
The Risk to Reward is definitely worth it.
We shall see, GOD BLESS AMERICA BABY !
Trade active
50% Profit Secured SL is now in profit @ .69750
Trade closed manually
Remaining position closed, Not liking current price action.
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