OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Looking at AUD/USD we can expect some more down movement from the pair from a monthly and weekly timeframe before we see the market shift back to the upside. Here is my idea on a sell for AUD/USD with entry at 0.73630 my stoploss will be places at 0.73980 and take profit at 0.72560 for a good 1-3 Risk to Reward on a swing trade. This is not a signal, I'm only sharing an idea of what my analysis gave me. Any profit or loss is not my problem if you wish to enter this trade with me. Remember forex is high risk and high reward so always use risk management and never risk more than you will be willing to lose. Good luck.
Trade active:
entry triggered.
Trade closed manually:
hit break even with news event
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