there is an unusually large bearish pin bar on the back of a fundamentally important news event.

This is one of the likely scenario that will happen, AUDUSD could have a brief retracement towards the upside.

But as long as this bearish pin bar is not negated (above 0.732-0.733), the pair is likely to trend lower towards either one of the highlighted green support zones.

Plan your trade and trade your plan.
AUDUSDTrend Analysis

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