Forex Signal For AUD/USD: Uptrend to 0,6800.
The AUD has been trying to show strength against a strong dollar lately.
The previous signal was not triggered last Monday as there was no bearish price action when the price first reached the resistance level set at 0.6884 that day.
Today's AUD/USD Signals
Risk 0,75%
Exchanges can only be received on Friday before 17h00 Tokyo time.
Sales Trade Tip
The next touch to 0,6844 or 0,6884 immediately goes selling following a bearish price action reversal in the H1 time frame.
Place the stop loss 1 pip above the local swing height.
Set a 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: Uptrend to 0,6800.
Buying Trading Tips
Next touch 0.6797, 0.6784 or 0.6719 and immediately buy as soon as the bullish price action reverses on the H1 time frame.
Put the stop loss 1 pip below the local swing low.
Set a 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.