Hi Traders, here are we on another market breakdown on AUDUSD. In the previously analysis, I talked about potential long opportunity at 0.7120 for some bounce towards the upside. So far we got a 20-25 pips bounce, the setups remain the same
1. If market reverses from 0.7120, we're looking for some strong bounce back to 0.73 area or further
2. If price dips below 0.7120, the next key support structure is at 0.7020.
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1. If market reverses from 0.7120, we're looking for some strong bounce back to 0.73 area or further
2. If price dips below 0.7120, the next key support structure is at 0.7020.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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Previous analysis
