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Australian Dollar / U.S. Dollar
Short
Jan 22, 2016
AUDUSD Possible Pullback at Double Zero Level
0
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Buy AUDUSD on the market at 0.6998
Stop Loss: 0.7025 (27 pips) Large offer level
Take Profit: 0.6965 (33 pips) Fibo 0.382 pull back level
RRR: 1.2
Comments: Market Type: D1 is Bear Volatile, H4 is Sideway Volatile, H1 is Bull Breakout rejected.
ADX: 28
ATR: 94
Risk Reversal: short term slightly put on AUD, long term put on AUD
AUDUSD is in 20 days low following with 2 days high.
Price action: price is sideway in 0.7000 double zero round level. M15 price above 20 period EMA and close below the 0.7000.
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