Forex Signal For AUD/USD: A New Fall on New Falling Price Curve Attracts Attention

    Forex Signal For AUD/USD: A New Fall on New Falling Price Curve Attracts Attention   The resistance level at 0,7000 handle becomes important.  

• The previous signal on August 2 was not triggered because there was no bullish price action when the price first reached the support level set at 0,6913.

 

Today's AUD/USD Signals

 

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

 

Selling Trading Ideas

 

• The next touch to 0,6999 or 0,7063 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.
• 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: A New Fall on New Falling Price Curve Attracts Attention

 

Buying Trade Tips

 

• The next time you touch 0,6878 or 0,6797, immediately go buy as soon as a bullish price action reversal 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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