I personally like this pair to the upside, Australia are easing restriction but it has trouble with China, which affected the AUD today.
I'm confident will get back up, for now we have the rejection of the support on the 4H Chart and to the trend line.
If price break below then i m looking to short after a re test of that level , but otherwise i'm long this pair.
USD has been bid since yesterday
Just be patience and watch this pair closely
VishnuVg8 hours ago
Propulsion Trade - Stronger USD than the Swiss
USD looks stronger than Swiss at the moment
Decent levels at the 0% and 50%
Moving averages nicely fanning out upwards on the 1h and 4h TF.
A perfect 2XATR pullback
Great RR, a 51 pip Tp and a 32 pip SL
Looks good to me, even though there were better levels, the levels were adjusted to come close to a 2XATR pullback.
Do not trade blindly if it doesn't meet your trading strategy/rules.
Andrew Lockwood13 hours ago
Naked Trade set up!
May not trade today, buta good set up for educational purposes. Set pending buy limit order 5 pips ...view more