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AUD/USD Call Signal 13 Nov 2015

Signal details
Entry Price: 
0.7118
Close Price: 
0.7125
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 2 ratings

The AUD/USD pair has been consolidating its gains from recent sessions which resulted from a much stronger than expected employment report. The move in the Australian dollar has triggered some stops on the upside and leaped above 0.7150.

Data this European afternoon has proved to the supportive for the U.S. dollar, but it may yet be insufficient to grant a substantial relief for the vibrant AUD/USD pair. We are contemplating to buy daily call binary options on the pair on the approach towards 0.7118.

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.