Opening first Long Positions for AUD/USD
Following my analysis from Sunday (linked to this one) i am opening first positions in AUD/USD.
Reason for this is an expected rebound on lower trend support line. SL will be at 0.7080
It might be possible that we will even get lower but I am fine with this risk since the other side of the medal is a nice risk/reward ratio.
Important: :-)
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Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
Reason for this is an expected rebound on lower trend support line. SL will be at 0.7080
It might be possible that we will even get lower but I am fine with this risk since the other side of the medal is a nice risk/reward ratio.
Important: :-)
If you like my analysis and find it useful, please take a second and hit the LIKE button and follow me. It takes some time to create these posts and your LIKES let me know it is helpful to you. As always, any comments are welcome. Agree or disagree.
Please remind yourself that this is just my personal view on the market and you always should do your own analysis before trading
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