RAPID UPDATE AUD/USD TP @: 0.73636 SL @: 0.74060 'I bel | Focal Community Group (FXSignals)
RAPID UPDATE AUD/USD TP @: 0.73636 SL @: 0.74060
"I believe that the AUD can not recover yet and will lose further ground against the USD testing the 0.74000 level soon."
The AUD/USD did not only test the 0.74000 level, but crashed through. The AUD is 0.8% lower against the USD today - what an amazing FX trade. I went a bit earlier into the pair, but also opened an (smaller) additional position at the time of the signal. Many analysts said the improved risk sentiment and higher commodity prices will support the AUD today (which is why I was a bit hesitant earlier). But as always, we don't follow others analysts' opinions, but follow our own analysis.
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We won 17 from our last 20 FX trades That is a current success rate of 85.0%