14.07.202009:00 Forex Analysis & Reviews: Trading idea for the AUD/USD currency pair

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Good afternoon traders! A trading idea for the AUD / USD pair.

Yesterday, at the American trading session, the quotes closed with a short pin bar on the daily chart (D1):

To lower the price in the trading chart, open short positions and follow the plan indicated below:

So, in accordance with the Price Action and Stop Hunting strategies, take profit when the quotes breakout of the level 0.69200, which is the area of buy stops.

Remember to control the risks in order to get profit on your transactions.

Good luck!

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