Sell on a rebound from the level of 0.7400 with 0.7244 target. Stop loss = 0.7450.
Reason for the trading strategy
The weak economic statistics for China and expectations of publication of strong data for the US economy create preconditions for the AUDUSD pair re-testing the level of 0.7244. This week, the publication of the statistics on Australia's labor market for April has contributed to the increased volatility in the pair.
Reason for the trading strategy
The weak economic statistics for China and expectations of publication of strong data for the US economy create preconditions for the AUDUSD pair re-testing the level of 0.7244. This week, the publication of the statistics on Australia's labor market for April has contributed to the increased volatility in the pair.
Exness - AUDUSD: consolidation below the level of 0.7400
ليست هناك تعليقات:
إرسال تعليق