Sell on a level breakthrough of 0.7144 with 0.7066 target. Stop loss = 0.7200.
Reason for the trading strategy
The current account deficit in Australia in Q4 2016 amounted to 20.8 billion dollars, with a forecast of 19.5 billion Australian dollars. The deterioration is due to a decrease in the commodity prices.
Reason for the trading strategy
The current account deficit in Australia in Q4 2016 amounted to 20.8 billion dollars, with a forecast of 19.5 billion Australian dollars. The deterioration is due to a decrease in the commodity prices.
Exness - AUDUSD: consolidation in the range of 0.7144-0.7258
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