AUDUSD Broke ascending trendline and rejected off of the 38.2% Fib retracement level. It also broke the daily support of 1.7200 level and currently retested on H1. I'm expecting a short from current price range of 1.7200 to 0.6930 level which is also the -27% Fib level. Lets see how this plays out.
Trade active:
Trade is currently up 20 pips. Close partials and move stop to break even.
Comment:
Forgot to update. My stop loss for that trade was 15pips @ 1.7350 . Jist noticed its a 6pips stop loss here. Lol.
Comment:
If you followed the trade, you would have hit final target at 0.693 easy with one Break even and reentry.