AUD posted some weak data the other day. This pair has been sideways ranging for over 2 weeks. I don't think it has any more strength for the upside without a good pullback down at the least. SL:0.7750 with a trailing stop of 20 pips TP1: 0.7650 TP2: 0.7600
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DXY has been falling and AU is dropping slowly as well, good indication that AUD is losing strength and will roll over, especially when USD picks up strength. cheers.
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Came close to TP a few times but after some sideways action It hit FIRST TP. I opened up some more shorts on AU pullbacks higher and have a few short positions.
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Almost his TP2.. missed by 16 pips.. we will get it by Friday...