EURAUD Long - Intraday Scalp on Continued AUD Weakness
Updated
AUD is weak on RBA dovishness less than 24 hours ago and I expect it to continue throughout the NY session. I like the strength of the Euro after US equity markets opened. This will be a short-term intraday trade with a moderate/low R/R. Some choose to ignore a R/R lower than 2. I like to risk lower capital for high percentage low R/R trades. Trade your plan. Cheers.
Trade closed manually
Short term weakness, probability of success lowered - closing manual for -14 pips
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