OANDA:AUDUSD   Australian Dollar / U.S. Dollar
I am bearish with the Aussie.... Last week on Wednesday a notable pinbar was formed. Further the weekly chart also concludes as a pinbar.

A retracement price is sought to continue with the downtrend.

Entry - between 50 MA and Monthly Pivot

Stop - above monthly R1 Pivot

Target - Monthly R2

RR = 3.....
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