AUD/USD Potential Long setup - retest of support zone
AUD/USD is at this level again, last time it bounced back for a while then headline news happened.
This is a very technical setup, if the drop does not break the bottom line could setup entry for good risk/reward bet. Long trades shown on chart are previous analysis which already closed out in partial profit/breakeven, refer to my prior post.
This is a very technical setup, if the drop does not break the bottom line could setup entry for good risk/reward bet. Long trades shown on chart are previous analysis which already closed out in partial profit/breakeven, refer to my prior post.
Note
note that trade is not yet active.Trade active
entered at 0.63620Note
Inflation data was bullish, altho DXY strength may trigger the stoploss soon. no need to exit, just wait and see. sometimes gotta deal with uncertainty.Trade closed: stop reached
can't win them all.
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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.
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.