Hi traders,
Here is my analysis for the AUD / USD currency pair we are currently on our support point 1, a very aggressive entry into the LONG position. Personally, I would rather wait until the market reaches zone number 2, or zone number 3 and then I would consider entering the SHORT position because of the daily TF is clearly established long-term downtrend.
Technical IndicatorsMultiple Time Frame AnalysisSupport and Resistance

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