Lets look at this trade and see why i'll be buying this pull back pattern.
1.You can see that the candle wick bounces the third time at around the 0.7770 price range. 2. Then, the up trend line has been broken and we will expect audusd to drop down further.
Hence, i believe there will be a pullback to around 0.7839 price point before it continues its dip.
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