AUDUSD 4HR
Updated
We saw a third drive into the high and a huge drop to the downside from last week, looking for a retracement then a continuation to the downside. The deeper the retracement to the upside, the better. First target is 0.71150 where you would take a certain percentage of your profits and move stops to break-even and let the rest of the positions ride to final take profit at 0.70750.
Trade closed: target reached
First target reached. Now we retrace before we roll over to second target of 0.70750
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