AUDUSD: Possible take profit area for the market makers
Updated
We are seeing price revisit an unseen supply zone since 2017. I expect some taking profit to happen from the market makers.
AUDUSD Short
Entry is valid as long as price is below 0.7770
SL: 0.7860
TP: 0.7390
AUDUSD Short
Entry is valid as long as price is below 0.7770
SL: 0.7860
TP: 0.7390
Comment
We are seeing a rejection from the supply zone showing up this week after a few weeks of ranging.The US dollar is getting stronger slowly but surely.
0.7500 will be the first target.
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