CollegeofPips

A Potential Swift Move to the Upside for the AUD/USD

Long
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
πŸ’‘ Trade Idea

πŸ“‰ Buy Limit AUD/USD @ 0.7372

🎯 Target Profit 0.7413

πŸ›‘ Stop Loss 0.7351

❌ Do not risk more than 1% of your account on each trade

πŸ™‚ Good Luck!

The pair was ranging inside a corrective channel and managed to breakout to the upside. A pullback is posted towards the 0.7372 level, and our expectation that this support could hold the pair to move downward and then push it to the upside towards the 0.7413 level.

Comments

Accurate as always
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CollegeofPips Joe_Damien
@Joe_Damien, Oh thanks for the feedback
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