Aud/Usd has been a fairly predictable pair to trade lately being as it has been in such a strong trend.
The pair almost made it past the 1.000 level earlier today and then it has retraced since then. So I would look for this pair to go back to that level soon. I will be waiting for a bullish engulfing candle on a 1hr chart.
If you want to see how I trade this pair. Follow me on twitter.
Here is the Chart
Latest posts by casey (see all)
- Forex Power Indicator Training - February 2, 2018
- How to find the Right Currency Pair to Match Your Trading Strategy - January 12, 2018
- Using a Forex Checklist to Develop a Good Trading Habit - January 11, 2018
Winner’s Edge Trading, as seen on: