Should price action for the AUDUSD remain inside the or breakout above the 0.6905 to 0.6955 zone the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Long Position
- Entry Level: Long Position @ 0.6930
- Take Profit Zone: 0.7065 – 0.7125
- Stop Loss Level: 0.6880
Should price action for the AUDUSD breakdown below 0.6905 the following trade set-up is recommended:
- Timeframe: D1
- Recommendation: Short Position
- Entry Level: Short Position @ 0.6880
- Take Profit Zone: 0.6640 – 0.6725
- Stop Loss Level: 0.6905
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