Forex Signal for AUD/USD: Bulls Capped at 0,7500!
Forex Signal for AUD/USD: Bulls Capped at 0,7500!
Still, the price looks well supported at 0,7450!
The
AUD/USD pair signals last Thursday were not triggered as there was no bullish price when the support level at 0,7423 was reached.
For today's AUD/USD Pair signals
- the risk is 0,75 % and
- the Trades should be entered before 17:00 Tokyo time on Wednesday.
Sales Trading Tips
- At the next touch of 0,7505, 0,7524, 0,7537 or 0,7548 and on the H1 time frame, enter a sell after a bearish price reversal.
- Put the stop-loss 1 pip above the local high swing.
- Leave the stop loss active even when the trade is 20 pips in profit.
- Even when you reach 20 pips profit in the trade, take 50 % of the position as profit and leave the rest of the position in the trade.
Forex Signal for AUD/USD: Bulls Capped at 0,7500!
Buy Trading Tips
- At the next touch of 0,7471 or 0,7448 and on the H1 time frame, enter buy after a bullish price action reversal.
- Put the stop-loss 1 pip below the local low.
- Leave the stop loss active even when the trade is 20 pips in profit.
- When you reach 20 pips profit in the trade, take 50 % of the position as profit and leave the rest of the position in the trade.
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