FX:AUDUSD Australian Dollar/U.S. Dollar
We have been experiencing very slow days or rather weeks in the markets specially for the dollar pairs. Finally, as we got some movement in the AUD/USD today, there are couple of different setups. First, we do have a bat completion at 0.72400 area and is OB . There is also a 2618 trade set up with divergence which you could really short at the market since it is already completed. Or you can just simply play a counter trend role, and short as we hit the previous highs around 0.72530 level. Pretty good R/R ration for all the setups. Good luck friends!
Trade closed: target reached: Got 40 pips on target 1 and stopped out on the protective stops.