Wednesday, August 24, 2011

AUDUSD Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 1.0448, as we anticipate a direct rise to 1.0658. Buy close to 1.0478 to play a rise to 1.0658. The invalidation level of this trade idea is at 1.0448.

Buy AUDUSD
Entry: 1.04780
Target: 1.06580
Stop loss: 1.04480