AUDUSD forecast - location - setup Two possible scenarios for this week: - Green arrow: Price tested an old and strong weekly support but USD is not strong enough to break it definetively; rebound up to channel line. - Red arrow: support is no more valid; bear shooting star formed on friday and moving averages are going south. Enter below 0.71300 and keep open for a while.
A lot of news are expected this week so look at US index and price action at lower timeframes.
Handel aktiv
Green arrow scenario in progress. SL moved to break even
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