Dear traders, in my previous AUD/USD idea, I mentioned selling at
0.6720. That idea resulted in 120 Pips profit.
Currently, AUD/USD is in a pullback phase after touching 0.66.
Note that the area around 0.6692 is a dynamic resistance zone.
So, if price struggles at this level, traders can consider selling
at 0.6692-0.6702 with SL above the resistance and TP at 0.6475.
0.6720. That idea resulted in 120 Pips profit.
Currently, AUD/USD is in a pullback phase after touching 0.66.
Note that the area around 0.6692 is a dynamic resistance zone.
So, if price struggles at this level, traders can consider selling
at 0.6692-0.6702 with SL above the resistance and TP at 0.6475.
Note
Price is consolidating below the 4H EMA, more downside could happenTrade active
Sold@0.6690
Related publications
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.
Related publications
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.