We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUDUSD prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUDUSD-bearish contrarian trading bias.
So expect this resistance to be broken and a fall to 0.6830
So expect this resistance to be broken and a fall to 0.6830
Trade active
Comment:
we seell but move stop loss to 0.69196
Trade closed manually
Trade closed: target reached
TAKE PROFIT@ 0.6830.