Mihai_Iacob

AudUsd- Play the range!

FX:AUDUSD   澳元/美元
For more than 2 months now, AudUsd is stuck in a range between 0.66 and 0.68.
Yesterday the pair reached the lower boundary of the range at 0.6603 and has started to reverse.
Traders could try to trade this range looking to buy AudUsd close to 0.66 and, with a tight stop and a target at 0.68 a more than 1:2 risk: reward could be achieved.

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