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CollegeofPips
Nov 27, 2020 7:45 AM

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

AUD/USDOANDA

Description

💡 Trade Idea

📉 Buy Limit AUD/USD @ 0.7372

🎯 Target Profit 0.7413

🛑 Stop Loss 0.7351

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

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