Forex Signal For AUD/USD: Downward.

  Forex Signal For AUD/USD: Downward. Key support levels above 0,7150 are emerging. Last Tuesday's AUD/USD signal was only able to make enough profits to break even, producing a long trade from an intra-bar breakout bullish bounce from support set at 0,7267.  

Today's AUD/USD Signals

 

• Risk 0,75%
• Transactions must be entered before 17h00 Tokyo time on Wednesday.

 

Sales Trade Tips

 

• Next touch 0,7271 immediately after a bearish price reversal on the H1 time frame, go sell.
• Place the stop loss 1 pip above the local swing height.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

 

Forex Signal For AUD/USD: Downward.

 

Buying Trade Tip

 

• The next touch of 0,7187, 0,7154 or 0,7149 immediately follows the reversal of the bullish price action on the H1 time frame.
• Put the stop loss 1 pip below the local swing low.
• Set stop loss even when the trade is 20 pips in profit.
• When the price reaches 20 pips in profit, take 50% of the position as profit and leave the rest of the position running.

   

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