AUDUSD under pressure below 0.7200 resistance. Look for short position under 0.7200 with 50 to 70 pips targets.
Set a Sell Limit @ 0.71900
Sell Loss @ 0.72400
Take profit @ 0.71200
Expiration 5Nov @ 20:00
The EURUSD went up as i expected from my previous post, Now the resistance level has been broken, my next entry will be when the price comes back to the new support level, close to the trend line, then i will look for price action to go long. Please comment and let me know your analysis on this pair.
On my previous post, I suggested that since EURUSD broke the trend line, I am going to wait for a correction then we go long, now there was a pull back and i am going long. Tell me what you think.