Forex Signal For AUD/USD: Uptrend to 0,6800.

    Forex Signal For AUD/USD: Uptrend to 0,6800.   The AUD has been trying to show strength against a strong dollar lately.  

• The previous signal was not triggered last Monday as there was no bearish price action when the price first reached the resistance level set at 0.6884 that day.

 

Today's AUD/USD Signals

 

• Risk 0,75%
• Exchanges can only be received on Friday before 17h00 Tokyo time.

 

Sales Trade Tip

 

• The next touch to 0,6844 or 0,6884 immediately goes selling following a bearish price action reversal in the H1 time frame.
• Place the stop loss 1 pip above the local swing height.
• Set a 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: Uptrend to 0,6800.

 

Buying Trading Tips

 

• Next touch 0.6797, 0.6784 or 0.6719 and immediately buy as soon as the bullish price action reverses on the H1 time frame.
• Put the stop loss 1 pip below the local swing low.
• Set a 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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