Forex Signal For AUD/USD: Key Support at 0,7223

    Forex Signal For AUD/USD: Key Support at 0,7223   AUD is one of the relatively weak currencies. Last week, Tuesday's AUD/USD signal produced a profitable long trade as the support level at 0,7305 rejected the bullish bias.  

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• On the next touch of 0,7245, 0,7281 or 0,7302, enter short immediately following a bearish price reversal in 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: Key Support at 0,7223

Buying Trading Tips

 

• On the next touch of 0,7223, 0,7218 or 0,7181, enter long immediately following a bullish price action reversal in the H1 time frame.
• Put 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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