I would probably trade it on smaller TF, like 15min or even 5min, because this pair is very choppy and it tends to retrace almost always to 61.2% on Fibonacci after an impulse. So swing trading on lower TF would be the most profitable. on 1H TF and on D TF I do not like it really...
Jahid
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andras1229
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it would be a nice move
btM_Afta
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In 4HR chart we are in the middle of the cloud, so imo i will wait to get out of that position and then take a decision. But it looks nice for a long up 0.71500 level.
Regards
Krasen
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Long, for the upper trendline is my view
xiiimik
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I think shorting on 15 minutes is better for AUDUSD.