Aussie Long, Price Rejecting Major Support Area
This trade could last a few days, if not all this week. Price action indicates a retracement. It's either a short term retracing bullish trade, or a bullish wave that will go back to resistance at the upper range. Hope my annotations are explanatory enough.
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.