The AUDUSD has been moving down for three days in a row. Today with USD strength, a short setup was found risking 8 pips for a potential 28 pips to our daily target at .6994.
Price began to move lower early in the U.S. session, then moved through its Asian session low and continued toward the technically significant .7000 figure. At the U.K. session close, we exited the trade for modest gains just above our daily target.
Boris Johnson will be the new prime minister of Britain.
All eyes will be on the ECB this Thursday.
Good luck with your trading!