with an expected strong AUD we have seen a 618 rejection. the price is rejected at the minor resistance zone where we saw multiple rejections in history. the extension level of the -27 level aligns with the support level which is rejected multiple times. this is a longterm trade where we can expect some choppy levels. main bias for this pair is short
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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.