FX.co ★ AUD/USD

AUD/USD For now, AUD quotes are moving in a kind of sideways range and there is still no good volatility in the market, so it’s too early to enter. Selling at these prices is no longer profitable, and buying against the downtrend is not the best option, so it’s better to stay out of the market and wait for more suitable prices to enter. Thus, if we get a higher correction to the upside today, then from the 0.69200 level it will be possible to open buy trades with a stop at 0.69450 and a take profit at 0.68200, but the trade should be closed regardless of the result by the end of the US session, since trading will be intraday and no positions will be carried over to the next day.