Should AUDUSD break 0.7720 on momentum it is a LONG trade
Need to wait for PPI news to see price action and if it holds above it is a long with good R:R ratio.
If USD news is above expectations avoid buying AUD versus USD.
Stop should be put to breakeven once trade is 25 pips in the money. No need to give money back on Friday. ;)
Have a great weekend everyone!
If USD news is above expectations avoid buying AUD versus USD.
Stop should be put to breakeven once trade is 25 pips in the money. No need to give money back on Friday. ;)
Have a great weekend everyone!