Trade: Long AUDUSD @ market (now 0.9003)
Stop Loss: 0.8903
Take Profit: 0.9110
Commentary: IntegrityFX.com Day Trading Strategy. AUDUSD has recently fallen and is near strong support around 0.8950. We are looking for a bounce off of this support, as well as fundamentals to push AUDUSD back up higher. This recent dollar strength gives us a good price to sell the dollar before the FOMC statement news (see yesterday’s article), which we expect to be bearish USD. With high impact news coming out soon (19:15 GMT / 11:15 PST), be sure to calculate and control your risk.
Trade Status: Open
