Johanes

JLS Trade: AUDUSD Target Zone Trading 0.7400-0.6400

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trade the price trend (interest rate differential price trend) and manage the risk (stop loss) in parallel to the price trend channel interior the estimated target zone 0.7400-0.6400. The 0.6400 is subject to final average weighted rate with AUDJPY, AUDCHF and EURADU.

I have on-going short trade for AUDUSD to the lower ceiling.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.