AUDUSD: Continued demand to buy dips
This week’s signals to buy on the dip at .7504 are being confirmed with a 1 ½ Big Fig rally since Tuesday’s .7490 base. However, yesterday’s signals were more cautious, with prices testing July’s .7677 high.
Management and risk description
Allow room to buy dip. Raise stop to entry if the first target is met.
Entry: Buy at market and .7628, today's open in Asia.
Stop: .7584, yesterday's low.
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