AUDUSD - we saw a low of 0.7010 then bounced back up to 0.7033 where I entered my short. We need to get through the 0.7006 fibbo support lvl and then we could see further momentum to the downside. Fundamentally, I believe in this trade as the asset responds negatively to volatility and a risk off mood that we could experience towards the US election. Entry: 0.7033 SL: 0.7065 TP: 0.6980.
Comment:
MOVED SL TO ENTRY @ 0.7033. NOW @ 0.7008
Comment:
MOVED SL TO 0.7020, SO WE MAKE MONEY EITHER WAY..... NOW @ 0.7013
Comment:
Closed @0.7007 for a profit of +23 pips! As I feel there is a barrier at the 0.70 level.