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WhosPipsAreTheseAnyway

Short AUDUSD

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
WhosPipsAreTheseAnyway Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis short AUDUSD audusdshort audusdforecast audusdanalysis audusdsell audusddaily
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trendanalysis indicator fundamental short audusd audusdshort audusdforecast audusdanalysis audusdsell audusddaily
Short AUDUSD at 0.7275
TP: 0.70
SL: 0.7345

We have seen the dollar start on the strong side on the first trading day of 2022 however it retraced a bit on the second day (4th Jan). I have therefore decided to sell into this AUD rally as I believe the FED will start showing signals of further rate hikes in 2022 therefore strengthening the dollar against the Aussie.

Using the fundamental story as well as the technicals to enter this trade.

Good luck!
Comment:
TP hit for +275 pips! :))
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