AUDUSD Potential for Bearish Drop to recent swing low
Looking at the H4 chart, my overall bias for AUDUSD is slightly bearish as there is a key resistance level, Looking for a sell entry at 0.69969 where below the overlap resistance and 23.6% Fibonacci retracement. We are looking to take a profit at 0.68592, which is the recent swing low, Stop loss will be placed at 0.71414, where the recent swing high is.
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