AUDUSD Long. RR 1 : 1.75

4 giu 2017

AUDUSD closed above weekly support area 0.7400. I am expecting upside for this pair to next weekly resistance area.

Reason :
- Strong daily candlestick closing above 0.7400
- Higher high on higher TF chart.
- Potential to reach next resistance points :

Entry point Long : CMP or any pullback ; TP1 : 0.7500, TP2 : 0.7555 ; SL below weekly support area .

Risk Reward 1:1.75
Always remember to trade with stop-loss, market is crazy & cunning*

6 giu 2017

Nota

TP1 : 0.7500 HIT

7 giu 2017

Trade chiuso: obiettivo raggiunto

TP2 : 0.7550 area hit. Closed my position for profit reaping, awaiting short pullback for further long.

12 giu 2017

Nota

Further upside for Aussie is expected, next target .7600

16 giu 2017

Trade chiuso: obiettivo raggiunto

Target hitted before FOMC.

21 giu 2017

Nota

Resistance (0.7550 area) has become support now, further LONG can be executed to the upside target of 0.7710 area.