A bullish opportunity recently presented itself on the aussie-dollar trading chart. This follows from the bullish engulfing candlestick pattern which printed just above the 0.66800 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 0.71403 could give you a reward-to-risk ratio as high as 5 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
Rooting for you!
Your FX Plug
AUDUSD
Rooting for you!
Your FX Plug
AUDUSD
