AUDUSD At The Bottom?

FX:AUDUSD   澳元/美元
AUDUSD on the daily time frame has been hovering around the same area for a few days now and respecting the lows. This is a sign that it might have reached the bottom and is collecting some fuel for a bounce back. However a break will see a sell to 0.72

Best is to start with a buy position with a 40 pip stop loss. If that stop gets hit it means the support is broken and it will sell further. so at that point you enter a sell which you hold for 200 pips an you make a nice profit. But for now the signs show it will buy so we go buy. Switching to sell is our Plan B which we probably wont need.
交易开始: 2nd buy added
Thanks for sharing. Just wondering though, what makes you say a sell to 0.72? I can't see a support in that area.
+1 回复
JoshFX1 hmiah
@hmiah, It's been a while ago that audusd ranged around that 0,72 area. Zooming out to make it vissible would make the chart to unclear. If you open audusd daily time frame and zoom out you might spot it
+1 回复
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