thedealbuddy

Short AUDUSD at 0.9829 for 15 pips profit

thedealbuddy Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Very nice short level for AUDUSD at 0.9829. There has been multiple reactions to this level in the past one week. I expect the pattern to continue. Expect to see reaction to the level. RBA is still dovish and data from US is strong which will give confidence to FED to raise rates and reduce balance sheet.
I would prefer to go short this pair for long term trades. The level 0.9829 is a nice level to go short.

Again, don't trade during the RED macro-economic news
Trade closed: stop reached:
6 pip reaction We were looking for 15 pips. Closed

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