FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD is the weakest against the USD but I am expecting the AUD to rise from here.
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.
Trade active: Stops to Break Even or Take Half, or maybe close out for 1:1
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.
Comment: SL 0.7276
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.
Trade closed manually
Trade closed: target reached: the original idea worked out better than the subsequent ideas.


@Niverto, i get what you're looking at . Though for me I will have to wait for more confluence with the DXY , XAUUSD etc.
I had my chance to get in on a great trade near the bottom. Going to wait for a good entry like that again.
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