Sell on a level breakthrough of 0.7592 with 0.7542 target. Stop loss = 0.7642.
Reason for the trading strategy
In May, Australia's trade deficit amounted to 2.75 billion Australian dollars with a forecast of 2.21 billion Australian dollars. The decline in net exports, which are part of the country's GDP, put pressure on the AUD/USD pair. At the level breakthrough of 0.7592, opening short positions in the Aussie should be considered.
AUDUSD, H4
