Trade idea - AUDUSD Long opportunity

Aussie has picked up nicely from the lows of 0.7328 and clocked almost 100 pips then.
This pair is a strict trend following pair and we would like to ride the trend as long as the pair is above 0.7400.
We will close the trade around 0.7350 area if it dips.

But right now we are buying into the trend to cross 0.7550.
Currently trading at 0.7417

Kommentera:

The price had a sharp fall of 40-50 pips but we are still long and exit all positions at 0.7350 TP..0.7550 intact

Trade stängt: Stopp nått:

0.7350 stop loss hit