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jrfxtrader
Oct 16, 2018 9:01 AM

Demand zone too good to be ignored Short

Euro Fx/Australian DollarFXCM

Description

EUR/AUD is moving in demand zone which on weekly chart nicely depicts the taste for the AUD which is now I believe in the right position to slowly build up your portfolio in the favor of AUD.

Comment

Moving into first possible resistance. If you have partial orders its good time to close part of this position an wait for reversal.

Trade closed: target reached

As we moved into the demand area for EUR its time to close our position with a nice gain of 600pips.
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