andrewramsell

AUDUSD OPPORTUNITIES

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
We saw a break of the bullish trendline last week which could indicate some consolidation / bearish pressure.

I have a high risk sell on the new daily support at 0.656 area, targeting 0.628 - 0.63.
If price breaks above the resistance my next pending order is at 0.6645 - 0.6655.

If price breaks and closes above top resistance and 200EMA trade is lost.


Comment:
+50 pips from first entry, I am half out and SL at BE.
Comment:
+100 pip SL to +50
Trade closed: target reached:
full out at 0.64 area +170 pips
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