Hello everyone, with news today, we have reached the main support level... the price will either correct to 1.66 and then go bearish again because it happened before in this price area. for new traders who are following me I advise to wait for 4hr candle to break out before placing a buy position.. (see bearish/bullish engulfing or BOS guide)... price could fall further to next support level 1.63 if price remain bearish...
good luck..
good luck..
Note
first target hit 1.660but with the upcoming news of cash rate can reach to 1.6728
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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.