my trend trade for today aud/usd
Good morning. mondays live trade
The image below shows a live trade I’ve just entered using a trend-following strategy. In this approach, I set a take-profit target four times larger than my stop loss, aiming to capture the stronger moves that come with established trends. The stop loss is quickly adjusted to secure profits as soon as possible. for more visit trybuyings website
Factors Supporting the Buy Trade:
Interest Rate Differential—The Reserve Bank of Australia (RBA) is maintaining higher interest rates compared to the U.S. Federal Reserve, supporting demand for the AUD.
Commodity Exports—Rising global prices for iron ore, coal, and gold boost Australia’s export revenues, strengthening its currency.
Global Risk Sentiment – Improving investor appetite and rising global equity markets tend to favour riskier assets like the AUD over the USD.
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