Forex Signal For AUD/USD: Downfall Continues

    Forex Signal For AUD/USD: Downfall Continues   The price is expected to drop to the 0,6800 region.  

• The previous signal last Monday produced a profitable long trade from the bullish rejection of the support level at 0,6882, but barely yielded a 20 pips minimum profit, so it could even be broken in practice.

 

Today's AUD/USD Signals

 

• Risk 0.75%
• Trades must be entered before 17h00 Tokyo time on Tuesday.

 

Sales Trade Tip

 

• The next touch to 0.6884 or 0,6953 immediately go selling as soon as a bearish price action reversal on the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position last.

 

Forex Signal For AUD/USD: Downfall Continues

 

Buying Trading Tips

 

• Next touch 0,6797 or 0,6784 and immediately buy as soon as the bullish price action reverses on the H1 time frame.
• Place the stop loss 1 pip below the local swing low.
• Move stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, remove 50% of the position as profit and let the rest of the position last.

   

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