Bought AUDUSD @ 1.0490, closed short

8.19 hrs.

The AUDUSD behaves very well technically. It tested the 50% level of the last swing up which comes in at 1.0461 (low reached = 1.0467). After that it has turned up. I was  tempted to close the short around 1.0475, but I let it have some more time in case it still wants to go down. But above 1.0485 means it is testing 1.05 and likely going over.

Closed AUDUSD @ 1.0490, +20 pips.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s