AUDUSD
Aug. 25, 2015, 09:44
Sell on a level breakthrough of 0.7158 with 0.7040 target. Stop loss = 0.7210.
Reason for the trading strategy
The index of leading economic indicators of Australia, provided by Conference Board, fell by 0.2% (m/m) in June. The slowdown in the national economy will put pressure on the exchange rate of the Aussie.
AUDUSD, H4
Aug. 25, 2015, 09:44
Sell on a level breakthrough of 0.7158 with 0.7040 target. Stop loss = 0.7210.
Reason for the trading strategy
The index of leading economic indicators of Australia, provided by Conference Board, fell by 0.2% (m/m) in June. The slowdown in the national economy will put pressure on the exchange rate of the Aussie.
AUDUSD, H4
AUDUSD: consolidation in the range of 0.7158-0.7232
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