AUDUSD Forecast - is Bearish/Sell!
Updated
Dear traders,
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “2”, and the AUD stands at “1”, meaning that the USD is stronger than the AUD, thus only looking for Bearish /Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.7729 (with a 1% risk position size)
Our 2nd Sell Liimit is placed at 0.7741 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.7629
Our Stop Loss is placed at 0.7785
This is a 100 PIPS trade - Risk Reward 1:2.5
Chart Timeframe; H4
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Trade Smartly.
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “2”, and the AUD stands at “1”, meaning that the USD is stronger than the AUD, thus only looking for Bearish /Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.7729 (with a 1% risk position size)
Our 2nd Sell Liimit is placed at 0.7741 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.7629
Our Stop Loss is placed at 0.7785
This is a 100 PIPS trade - Risk Reward 1:2.5
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
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