Forex Signal For AUD/USD: The Bull Market Is Testing A Declining Trend Line.

    Forex Signal For AUD/USD: The Bull Market Is Testing A Declining Trend Line.   AUD is up with minor risk rebound.

• The previous signal on June 30 was not triggered because none of the key support and resistance levels were reached that day.

 

Today's AUD/USD Signals

 

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

 

Sales Trade Tips

 

• Sell ​​as soon as a bearish price action reversal in the H1 time frame is right after the next touch of the descending trendline shown in the price chart below, which is currently at around 0,6898 or 0,6915.
• 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: The Bull Market Is Testing A Declining Trend Line.

 

Buying Trading Tips

 

• The next touch to 0,6848 or 0,6797 immediately buys 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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