AUD has strengthened over the last 40hours. However, Commodities are still down and the fundamental have not changed. AUDUSD is at a resistant level, a pivot point, the 75EMA, and has retraced tot he .786 level. I'm looking a move further down. I've put a smaller S/L at only 20pips since if it breaks above that level than I suspect it will strengthen more.
Trade stängt manuellt:
I closed this Trade yesterday evening. However, I thinking the conditions are still true.