GIgor_021

AUDUSD: possible long scenario

Largo
FX:AUDUSD   Dólar australiano/Dólar estadounidense
I have short position with 0.6779 stop (check my previous post) and i think if audusd breaks that level i should be with buyers.

..global uncertainty around China seems to have calmed down a bit, also recent RBA's statement had positive note regarding Australian economy.

So joining bulls from 0.6779 with 0.675 stop and 0.687 T/P level provides decent R:R (3.14).

Keep in mind that this idea might be realized in several days and opening long position in AUDUSD results negative swap.

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