Provided is a short trade to consider.
The Double Bottom , together with the developing Bullish Pole + Flag , is suggestive the Aussie will appreciate .
Likely retracement is plotted at the Fib .382-50 of the current swing , which is at the recent Supply Zone.
The target is trend continuation to restest underlying support.
The Double Bottom , together with the developing Bullish Pole + Flag , is suggestive the Aussie will appreciate .
Likely retracement is plotted at the Fib .382-50 of the current swing , which is at the recent Supply Zone.
The target is trend continuation to restest underlying support.
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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.