AUDUSD: possible long scenario
I have short position with 0.6779 stop (check my previous post) and i think if audusd breaks that level i should be with buyers.
..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy.
So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R (3.14).
Keep in mind that this idea might be realized in several days and opening long position in AUDUSD results negative swap.
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Feel free to share your opinion/position via comment and follow me to stay updated.
..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy.
So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R (3.14).
Keep in mind that this idea might be realized in several days and opening long position in AUDUSD results negative swap.
//
Feel free to share your opinion/position via comment and follow me to stay updated.