AUDUSD trading signal

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Trading signal

Aussie trading signal has been generated a buy position on 20/11/2020 at 0.72892. Currently Aussie is still in an up trending mode, but some support levels for a short term have been detected at a range from 0.7301-0.7325.

At D1 TF, the support zone for Aussie is to see at 0.7140, so that means it could be retraced further back to that zone to tank some up momentum again.

Detailed about the analysis for AUDUSD, check our recent post:

AUDUSD technical analysis

As our Tp01 for AUDUSD has been hit recently, the trade is now risk free with stop loss at breakeven. We will consider to get out from that trade soon, in case the price action denies to make further higher highs.

Trade well!

Tradingscenes team