ForexTech-Trader

AUDUSD analysis

Long
ForexTech-Trader Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi Guys

Looks like fundamental analysis is more relevant.

Market is very volatile. I have entered below.
- Long at 0.71
- Sl at 0.70
- TP open

USD will weaken further. Covid-19 hits US badly. Perhaps next year USD will recover slowly.

This is my personal opinion and trade. If you have anything to share. Comment below.
Trade active:
Half way already guys. can close it if you want. otherwise move your SL slightly higher. I am still holding this.
Trade closed: target reached:
close it :) 0.72098
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.