AUDUSD Long setup - trend continuation
From tech prospective, aud/usd moved up then completed a retracement, now is the time for another leg up.
Data side, unless there are prices on NFP tonight, expectations is for Fed reserve to start pivoting which weakens usd. and Reserve Bank of Aus usually follow Fed reserve and global trend but delayed, which can cause uncertainty and leading aud/usd to move up until dust is settled.
Good Luck.
Data side, unless there are prices on NFP tonight, expectations is for Fed reserve to start pivoting which weakens usd. and Reserve Bank of Aus usually follow Fed reserve and global trend but delayed, which can cause uncertainty and leading aud/usd to move up until dust is settled.
Good Luck.
Comment:
Good job for these that followed and stayed on the trade
Comment:
Move stop to break even now. can close some if you're more risk averse
Non Farm Payroll U.S. job data Friday.