Aud is getting good support now from 0.706 level.. for another push high and if aud reverse back and takes out 0.706 then i will be out @ break even 0.7058..
As in that case aud can visit downside 0.702 by taking out our sl.
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aud hit all 3 targets... out @ 0.712 with 62 pips..
OK THANKS . ILL GO FOR LONG AT SL BELOW YESTERDAY LOW AND TP AT 0.7093 FOR LOW RISK TRADE . LATER ON ILL WAIT FOR 0.725 .
RahulCamaron
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THANK YOU . I GOT IT .
jhakas
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you can keep sl. below yesterday low as well.. if you want.. and if you can manage for some sessiosn then good sl. is 0.69.. as aud sooner or later will head up for 0.725. Good Luck!
RahulCamaron
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does it , come down today.......?
jhakas
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there is possibility... but i am not sure.. cuz on rate decision day it usually do awkward moves and after some time it completely change direction..
jhakas
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formation of 4hr candle is quite astonishing to downside.. break of 0.706.. i think will lead to 0.70 but if 0.704 also taken out..
jhakas
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aud getting support again.. from 0.706.. i will wait for more consolidation before jumping again on long side..
jhakas
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aud hit all 3 targets... out @ 0.712 with 62 pips..
King_arman91
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closing early because of news??
jhakas
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I am still holding.. taking risk.. as now we have nothing to loose.. as now dips will be taken as buy side... due to daily close above 0.71.. any downside dip will be above buying.. supports are now at 0.7091, then minor support 0.70765 and important support which halted aud the whole day from downside is 0.7062...
I am keeping now sl. @ Break Even and now tp towards 0.722.