AUDUSD long swing trade setup
Updated
AUDUSD long intraday/swing trade setup on 4h based on price testing major support zone. Interestingly the last time AUDUSD traded below this support zone (apart from a brief spike in Dec) was 2016. We are anticipating a bounce off support pending the RBA rate decision today.. given the fact that the RBA is renown for not making sudden moves we anticipate a hold which would strengthen the currency. Trading currency markets carries a high degree of risk, this is not to be construed as financial advice.
Trade closed: target reached
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