My SL is 60 pips and my initial target is 180 pips though if we get to 0.7310 I will watch more closely to see if there is a reversal.
FOMC is here today and you don't want to give it all back on a news spike.
Or you could stick to the Daily chart and come back tomorrow and see how well it performed.
We've hit major resistance, so expect a reversal here.
Hence why I have moved my Stop up. DXY is still weak so I am looking for more AUD strength but we're running into NFP and things slow down a lot.
I had my chance to get in on a great trade near the bottom. Going to wait for a good entry like that again.