AUDUSD - Trade setup for 7th March, 2016

AUDUSD - Trade setup for 7th March, 2016

15 Minute Chart

Outlook Trade opportunity

1) Short - counter trade so half your usual size risk. also only targetting 1:1 just to be safe

2) Long - Looking for price to go to .7370-80 and see what sort of pattern or price action we get for confirmation to long it for at least a 2:1 reward to risk

Risk Level High and Low

Tips -

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