Currently: Long Looking to: Sell / short @ 0.7177
As of 2/18/19 at 12:55am EST: 0.7147
UPDATE: Last week, I suggested selling longs / getting short at 0.7150 with stops on a daily close above 0.7206 and with a target of 0.6805.
AUDUSD is in the midst of what should be a counter-trend bounce with a projected ceiling just ahead at 0.7177. If this bounce fails at or near that level and the AUDUSD turns lower, we should, in theory, see a drop to 0.6805.
Sell longs / get short at 0.7177 with stops on a daily close above 0.7206 and with a target of 0.6805.