AUDUSD - Awaiting Confirmation...
Approaching inner trend line resistance on the 4HR chart. If it holds, a shorting opportunity down to the -0.618 target extension, fluent with structure. If a breakout and retest occurs, a long opportunity back up to 0.84. 38.2 fib level and outer trend line resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.