By: DailyForex.com
Currency: AUD/USD
Trend Expected Direction: Down
Method: Ichimoku, Technical Analysis
Description: AUD/USD found support at 0.9630 and now preparing for a retracement. This position is against the current trend so enter with a trailing stop of 20 pips.
Recommendation: Long
Entry: 0.9646
Target Area: 0.9680 and 0.9700
Stop-Loss: 0.9626
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