While waiting for EURUSD to mature (interesting structure on Daily fyi) a key move occurred yesterday on AUDUSD.
Bullish strength has snapped on the daily, bearish engulfing candle, divergence.
Next move looks to be around .7800 level.
4 Hour Time Frame:
Trade Safe!
Trade closed: target reached
We hit the target zone on AUDUSD - beginning to see signs of hesitation to move lower. I'll take the 80+ pips right now and call it a day. USD looks strong at the moment.
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