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Australian Dollar / U.S. Dollar
Long

AUS/USD Targeting 0.67144 IF USD news is bearish

78
Just sharing my idea. Providing the Prelim GDP q/q comes in <5% I am taking the trade to LONG AUS/USD to the target shown here, tight stop loss giving a 2.5:1 - and maintaining the current bullish trend of higher highs and higher lows on 4HR TF. Also noting the DXY rejecting from what was yesterdays support, now resistance.
junitrades
Chart PatternsTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsTrend Analysis
junitrades

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.