AUD/USD Weekly Forecast (12th October - 16th October)
Updated
AUD/USD 4h chart. The price is bouncing on a trend line, after the big run on Friday. I'm expect a correction/ bounce movement. In addition to a great Risk-Reward ratio, RSI is also in the oversold zone, which favors short trade ideas.
Note
Move SL to BE, because of the possible bounce on the key level at 0.7200Trade closed: target reached
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