AUDUSD
March 3, 2016, 09:10
Buy on a level breakthrough of 0.7326 with 0.7384 target. Stop loss = 0.7276.
Reason for the trading strategy
In January, Australia's trade balance fell from 3.54 billion to 2.94 billion Australian dollars. We can expect an improvement in the country' foreign trade situation and a strengthening of the Aussie in Q1 2016.
AUDUSD, Daily
March 3, 2016, 09:10
Buy on a level breakthrough of 0.7326 with 0.7384 target. Stop loss = 0.7276.
Reason for the trading strategy
In January, Australia's trade balance fell from 3.54 billion to 2.94 billion Australian dollars. We can expect an improvement in the country' foreign trade situation and a strengthening of the Aussie in Q1 2016.
AUDUSD, Daily
AUDUSD: growth after publication of data on Australia's foreign trade
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