The AUD/USD recently broke below a key swing low, tapping into the liquidity in that area, and has since shown a clear rejection from that level. The next likely target is the swing high, where significant liquidity resides. Overall, it's a solid setup with a 15-pip stop loss.
Trade closed: target reached
Well trade went on the right direction which was predicted
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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.