AUDUSD 60min Breakout

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AUDUSD has pushed back down into a High Time Frame Support. Since then it has a created a Balance Area inside the support zone.

I got long this evening on the pair around the .7500 handle.

Its not often I will shoot for really extended targets but I think I have a good shot here being at a HTF Support Zone. The key is not getting stopped out before or IF the move happens.

Once Target #1 is/if hit, I will manage the trade by trailing the stop on the remainder of my position.

Best of Luck

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1hr60minAUDUSDaudusdlongbalanceareabreakoutbreakoutpatternbreakouttradingswingtrade

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