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abajwa

Long AUD/USD from 6380s as long as correlated markets hold

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
abajwa Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Beyond Technical Analysis
6
0
beyondta
Copper, oil supply/demand and bond yeilds all rising divergently. AUD/USD would be trading at a discount at 6380s. Hope to see that price for a buy as long as divergence continues .Could rally from current price but best entry would be 6380s
Comment:
Small 1st position at 6422 closed 50% at 6442 stop to break even +2. Pending buy limit remains at 6380 as long as correlated market divergence continues.
Comment:
Remaining position from 6422 closed at 6450 - now looking bearish
Comment:
Entered for a second shot now at 6380. Partial proft taken at 6408 and stop to break even + 2
Trade closed: target reached:
Final profits taken at 6450 and 6470
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