Australian Dollar / U.S. Dollar
Short
Updated

Potential top in place in the short term

49
After such a strong rally, investors usually wonder where to take profit. One the momentum caps out for a 3-4 days its usually a good idea to close positions (as I have). Looking for a drop towards 7750 area before continuing up.

Trade at your own risk!
Good luck!
Trade closed manually
Happy pip hunting! We are back in the long side

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.