AUDUSD:CAN A NOT GOOD ECONOMIC DATA MAKE IT DIP DEEPER?
Traders:
Today AU -1.55% Reserve Bank of Au -1.55% rate decision will be released.
Hopefull it will remain the same rate.
And AUDUSD -0.47% will be stimulated at the first few minutes.
Back to the chart, AUDUSD -0.47% already made a new descending channel to guide us now.
And inside the channel, we found a retracment following a ascending channel is about to be finished with a double top and RSI 4HDIV.
Also the GDP (3Q) today is really not that good enough, not even count as good.
Therefore ,find your short place when the rate news released.
This is for a midterm trade.
Less is more!
Today AU -1.55% Reserve Bank of Au -1.55% rate decision will be released.
Hopefull it will remain the same rate.
And AUDUSD -0.47% will be stimulated at the first few minutes.
Back to the chart, AUDUSD -0.47% already made a new descending channel to guide us now.
And inside the channel, we found a retracment following a ascending channel is about to be finished with a double top and RSI 4HDIV.
Also the GDP (3Q) today is really not that good enough, not even count as good.
Therefore ,find your short place when the rate news released.
This is for a midterm trade.
Less is more!
Trade active:
before GBP(3Q) RELEASED .
0.746
0.746
Comment:
150 pips for now !
Comment:
almost getting to tp!
Trade closed: target reached
