AUD/USD has show Signal for Buy

Jun 29, 2018

AUD/USD made a fake break of key buy level 0.7325

Take a look on the chart, price bounced from weekly level. Also, currency rate was near that level 14 months ago. Big players respect such levels. Because many retail traders hide theirs loses under it. Which become fuel for market makers when they hit it.

Open buy near 0.7340 – 0.7360
S/L: 0.7310
Goal: 0.7629

Jul 3, 2018

Trade active

I opened the 2nd buy at 0.7356.
D1 close upper key level. That`s why I reopen a position. Also, the price hit my S/L yesterday.

Jul 4, 2018

Note

You can move S/L on AUD/USD into breakeven because currency rate can make a pullback

Jul 6, 2018

Trade active

After consolidation, I think the price will move up.