Hello traders good to be back with you on this Friday end of the trading week. I have to say looking at the charts today I am not impressed with what I see. I would suggest scalping today. AUDUSD- This is the 1 hour chart. The trade for today is a different as the trade plan. Remember traders this is a commodity pair any any data can change the direction and we only have minimal data today and that is in the US session. As we are at resistance on this chart and still bearish on the daily chart. So the trade plan is a break of the trend line I have placed on the chart and a bearish candle with conformation I would then enter at price level 0.8037. I would then sell this to the 200 ema and exit just before it at 0.7976. This is a high risk trade you will have to watch this trade until you achieve break even status. Talk Soon Traders ……..
