AUDUSD Long
Updated
AUD is the weakest against the USD but I am expecting the AUD to rise from here.
My SL is 60 pips and my initial target is 180 pips though if we get to 0.7310 I will watch more closely to see if there is a reversal.
My SL is 60 pips and my initial target is 180 pips though if we get to 0.7310 I will watch more closely to see if there is a reversal.
Trade active
Stops to Break Even or Take Half, or maybe close out for 1:1FOMC is here today and you don't want to give it all back on a news spike.
Or you could stick to the Daily chart and come back tomorrow and see how well it performed.
Note
SL 0.7276We've hit major resistance, so expect a reversal here.
Hence why I have moved my Stop up. DXY is still weak so I am looking for more AUD strength but we're running into NFP and things slow down a lot.
Trade closed manually
Trade closed: target reached
the original idea worked out better than the subsequent ideas.
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