Hey, I am back with yet another Forex idea, make sure to follow me because I post one trading Idea each working day!
Today I have decided to share a AUD/USD chart, where I have spotted a good risk reward short opportunity.
SL 0.69936
ENTRY 0.69650
TP 0.68834
RR 2.78
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AUDUSD is approaching its resistance at 0.7777 (61.8% Fibonacci extension, 50% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where a potential reversal may occur, pushing price down to its support at 0.7725 (61.8% Fibonacci extension, 38.2% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support)....
