AUDUSD Long setup - trend continuation
Updated
From tech prospective, aud/usd moved up then completed a retracement, now is the time for another leg up.
Data side, unless there are prices on NFP tonight, expectations is for Fed reserve to start pivoting which weakens usd. and Reserve Bank of Aus usually follow Fed reserve and global trend but delayed, which can cause uncertainty and leading aud/usd to move up until dust is settled.
Good Luck.
Data side, unless there are prices on NFP tonight, expectations is for Fed reserve to start pivoting which weakens usd. and Reserve Bank of Aus usually follow Fed reserve and global trend but delayed, which can cause uncertainty and leading aud/usd to move up until dust is settled.
Good Luck.
Note
stop loss: 0.65142, rest depend on your risk pref. Non Farm Payroll U.S. job data Friday.
Note
Good job for these that followed and stayed on the tradeNote
Move stop to break even now. can close some if you're more risk averse
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