AUDUSD: Possible take profit area for the market makers

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

Kommentera:

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.