Take a look at this AUDUSD Setup
Hope you all had a great weekend!
Did you trade the NFP announcement? If you did, how did you do?
What do you think about the AUDUSD? Since last week I’ve been monitoring the AUDUSD, I like the way it is trading and not it is about to reach the
ST resistance level, which is where I’m looking to go short. Take a look at this chart:
My trading plan:
Wait for a retracement to the ST resistance level at 1.0244, if the market gives me significant downward pressure, I’ll go short.
What do you think?
Have a great week ahead!