Forex Signal For AUD/USD: Selling After RBA Release.

    Forex Signal For AUD/USD: Selling After RBA Release.   Last Thursday's AUD/USD signal produced a profitable short trade entry as the resistance level set at 0,7548 rejected the bearish bias.  

Today's AUD/USD Signals

 

• The risk is 0,75%.
• Transactions can only be received on Wednesday before 17h00 Tokyo time.

 

Sales Trade Tips,

 

• Next touch 0,7513, 0,7534, 0,7548 or 0,7569 and immediately enter short after a bearish price 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 be driven.

 

Forex Signal For AUD/USD: Selling After RBA Release.

 

Buying Trade Tips

 

• On the next touch of 0,7437 or 0,7408, enter long immediately following a bullish price action reversal in 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 be driven.

   

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