AceTraderForex Feb 20: this morning's Winning Trade

AceTRaderForex

Master Trader
Mar 19, 2013
4,782
9
74
Hong Kong
www.acetraderfx.com
:) Did you follow our recommendation this morning? This is our winner now!





This morning’s winner:
flag_minor_aud.gif
DAILY AUD/USD OUTLOOK - +0.8950+

Update Time:20 Feb 2014 01:54GMT

Despite yesterday's rebound from 0.8989 to 0.9044, sub
sequent retreat on Dollar's strength suggests downside
bias would be seen n below 0.8989 would yield stronger
retrace. of rise from Jan's 3-1/2 year trough at 0.86
60 twds 0.8966, then 0.8945/50.

Trade from short side with stop now as indicated,
above would signal pullback from Tuesday's 0.9081 top is over


STRATEGY : +Target met+
POSITION : Short at 0.9026
OBJECTIVE : +0.8950+
STOP-LOSS :
RESISTANCE : 0.9046/0.9081/0.9168
SUPPORT : 0.8989/0.8928/0.8573