AUDUSD has taken a sharp fall recently and can potentially move higher on the 4 hour chart. Oscillator momentum has been moving higher, and the 4 hour pivot hovers near 0.70700. Tomorrow is the FED rate decision in the states and the markets may be slow till then (0.25% expected). The market can also be risky now.
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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.