SHORT AUD/USD if the today's price closed below the 50% retracement price. The target profit/loss shown on the chart.
Comment:
From fundamental side, the likelihood of next cash rate decrease by RBA is relatively small. LOAN CRASH is the upcoming topic to discuss widely.
Comment:
Close half short position to lock a portion of profit, awaiting AUD retracement during the Asian session.
Comment:
The market is very quiet today, around 30 pip movement. No suggestion.
Trade closed manually:
The market failed to break-out the support line. STOP shorting the AUD/USD. Let's prepare for another round trade