{quote} hey buddy, you ok? AUD rallied on negative CAPEX instead. I do hope your SL was set.
Ignored
Price might rallied slightly, but my longer time frame chart posted previously still valid. As mentioned, any price rally will be opportunity for bears to load their shorts.
The true fact is market doesn't care, risk mgt is important.
AUDUSD may find it difficult to break the immediate trend-line resistance, 0.7100 and the 0.7070 are likely immediate supports. On the upside, sustained break of 0.7160 could fuel the pair towards 0.7250.
Woke up to see my positions almost exactly at the price I left them so holding on to my shorts since AU has been dropping every day during U.S. Session
just curious about your reasoning?
1. have you added higher?
2. have you added some to replace profitable closes during the dip?
3. have you just added at same level because price had been lower?
