AUDCHF long at market price (ask 0.6976)

AUDCHF long at market price (ask 0.6976)
Take profit: 0.7200
Protective stop: 0.6890
Risk Ratio (RR): 1: 2.5 (approx.)
Estimated duration: 10 days

Relevant as long as AUDCHF is below 0.6995

Note: The potential drawdown is a re-test of 0.6905. AUDCHF will increase our exposure to CHF.

Another update will be issued.

Trade ist aktiv:

We are shifting AUDCHF protective stop to 0.6983. We will be relatively close to the market but the stop must be shifted as it is a daily entry.