Today's FOREX Trade of the Day was a short GBP/AUD position.
Buy: 1.8373
Sell: 1.8313
Notional Intraday Profit: +60 pips
Today's intraday High of 1.8385 was just above the 38.2% retracement of October's intramonth range, rendering the retracement level a profitable Entry Sell level.
Today's intraday Low of 1.8238 was below the 23.6% retracement level of the October intramonth range, rendering the retracement level a profitable Exit Buy level.
Downside targets include 1.8199, 1.8050, and 1.7966.
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