AUDUSD Profits From Role Reversal Setup | Apr 8th

AUDUSD – Role Reversal Level Holds & Profits
In our members daily market commentary yesterday, I suggested getting long around the breakout pullback level marked on the chart. This was because the price action was treating the prior resistance, now as support (a role reversal).

This trade worked out quite well, so hopefully you profited from it as well. The uptrend is still intact, so we’ll look to 9300 and 9325 for corrective pullbacks to get long. Upside targets remain the same at 9430.

au daily market commentary

Check out our latest price action piece, on Trading the False Break Strategy

Want More? My private members get all my trade ideas & market commentary up to 3x per week. Click here to become a member.

Buddhist, Trader and Philanthropist

I'm Chris Capre, Founder of 2ndSkiesForex. I help traders of all levels change the way they think, trade and perform. As a professional trader, I specialize in trading price action. As a teacher, my passion lies in showing you how to re-wire your brain for successful trading. Want to improve your edge right now? Visit my Price Action Course page.

Related Article