Jorgitt0

AUDUSD Monthly Analysis

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
This looks pretty self explanatory.

- Hits resistance at the 38.2% RL level
- Broke support (Purple Zone)
- Looks like it's heading down to the 1.272 Extension level which
is also a nice monthly support

So my bias is a long term short, will be taking advantage on smaller time frames :)
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