Forecast Opportunity – COMPLETED

Date Posted:       14 Nov

Ccy Pair:              AUDUSD

Trade Action:     SELL

Order Type:        Market Order

Execution:          Trendline Trader

Trade Parameters

Stop Loss           0.6835               -25p

Entry                    0.6810

Take Profit          0.6735               +75p

Result – PROFIT +15 pips

Chart & Forecast Details

AUDUSD has broken down on the back of weaker than forecast Aust Employment data. This has pushed the price down through both Hourly & Daily technical support. With no levels below it should slowly dribble down below 0.6780 before quickly dropping to 0.6725-35.

Key Trade Day: Thursday 14th Nov – Aust. Employment Change

Brad Gilbert

CEO & Founder of Traders4Traders – Brad has been trading for 28 years and was a former Chief FX Trader for Citibank. Brad trades all markets and all timezones.

Trades: EUR, GBP, AUD, NZD, CAD, JPY, CHF, DOW, SP500, OIL, GOLD

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