A great oppportunity for trading AUDUSD, there is tonight. As you can see at the chart above, there is a downtrend which is certified by the two peaks at 0.9206 and 0.9166. The most possible scenario is that the trend will continue to lower prices, taking as granted the support line at 0.9046. Thus, the trading idea for today is to take short positions around 0.9150 putting stop loss 10 pips higher and take profit 15 pips lower. On the other hand, a break of the trendline will lead at 0.9200 levels.
Be careful : Announcement for the GDP (Q3) at 03.30 GMT +2.
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