Forex Signal For AUD/USD: Bear Market Consolidation Above 0,7082

    Forex Signal For AUD/USD: Bear Market Consolidation Above 0,7082   The AUD is lower after the release of RBA minutes suggests a slowdown in rate hikes.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tip

 

• Go for sale now with the next tap on 0,7293.
• 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: Bear Market Consolidation Above 0,7082

 

Buying Trading Tips

 

• Next touch 0,7082, 0,7006 or 0,6963 and immediately follow 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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