Very nice short level for AUDUSD at 0.9829. There has been multiple reactions to this level in the past one week. I expect the pattern to continue. Expect to see reaction to the level. RBA is still dovish and data from US is strong which will give confidence to FED to raise rates and reduce balance sheet.
I would prefer to go short this pair for long term trades. The level 0.9829 is a nice level to go short.
Again, don't trade during the RED macro-economic news
I would prefer to go short this pair for long term trades. The level 0.9829 is a nice level to go short.
Again, don't trade during the RED macro-economic news
Trade closed: stop reached
6 pip reaction We were looking for 15 pips. Closed
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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.