Selling Opportunities in AUD/USD - Fri, Nov 18, 11:02am. #1 Sell Order Filled Sat, Nov 19 04:55am, #2 Limit Sell Order Cancelled and Stop Moved to Break-even @ 0.6707 Mon, Nov 21, 23:43pm. Closed Out @ 0.6555. +$263.81. Tue, Nov 22, 01:25am.
AUD/USD is currently rebounding from the overnight low of 0.6633 and has reached the 50% of the decline from 0.6792. Technically, this is a sensitive level in any retracement and a short position has been taken with an eye for an eventual decline back below last night's low towards 0.6600 at a minimum.
Should this market extends higher in the day, another sell order at the 61.8% retracement of 0.6792 to 0.6633 has been placed.
TRADE IDEAS
#1 Sold @ 0.6709. Fri, Nov 18, 11:02am. #1 Sell Order Filled Sat, Nov 19 04:55am. Closed Out @ 0.6555. +$263.81. Tue, Nov 22, 01:25am.
#2 Limit Sell @ 0.6730. Cancelled.
Stop @ 0.6810. Moved to Break-even @ 0.6707 Mon, Nov 21, 23:43pm
#1 Target @ 0.6600
#2 Target @ 0.6550