Dear traders,
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the USD stands at “1”, meaning that the AUD is stronger than the USD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Buy Liimit is placed at 0.7747 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 0.7727 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.7872
Our Stop Loss is placed at 0.7697
This is a 120 PIPS trade - Risk Reward 1:4
Chart Timeframe; H4
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Trade Smartly.
Here is your AUDUSD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “2”, and the USD stands at “1”, meaning that the AUD is stronger than the USD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Buy Liimit is placed at 0.7747 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 0.7727 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 0.7872
Our Stop Loss is placed at 0.7697
This is a 120 PIPS trade - Risk Reward 1:4
Chart Timeframe; H4
Thank you. Like & Subscribe.
Trade Smartly.
Note
NOTE: The AUD & USD Strength are close to one another. Meaning, bullishness could easily flip to bearishness.Trade active
First Limit Order activated.Note
AUDUSDAUD stands at “1”, and the USD stands at “2”, meaning that the AUD is weaker than the USD, thus only looking for Bearish/BuSell opportunities on this pair.
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.
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.