AUD/USD is at this level again, last time it bounced back for a while then headline news happened.
This is a very technical setup, if the drop does not break the bottom line could setup entry for good risk/reward bet. Long trades shown on chart are previous analysis which already closed out in partial profit/breakeven, refer to my prior post.
This is a very technical setup, if the drop does not break the bottom line could setup entry for good risk/reward bet. Long trades shown on chart are previous analysis which already closed out in partial profit/breakeven, refer to my prior post.
Comment:
note that trade is not yet active.
Trade active:
entered at 0.63620
Comment:
Inflation data was bullish, altho DXY strength may trigger the stoploss soon. no need to exit, just wait and see. sometimes gotta deal with uncertainty.
Trade closed: stop reached:
can't win them all.