AUDUSD Trade Idea

25
Currency Pair: AUD/USD
Timeframe: H1
Date/Time of Signal: 12th November 2019

Review: Recently, AUDUSD has broken the Support level of 0.68750 and has a downward trend.
With no agreed resolution in sight for US-China trade agreement, The trade war has caused the AUD to be weakend as AUD is correlated to the China’s economy.

Trade signaled to sell AUD/USD/CHF (Entry: 0.6850) with 3 Take Profit (TP) Targets (TP1: 0.6830, TP2: 0.6810, TP3: 0.6790) and Stop Loss (SL) at 0.6880.

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