FX:AUDUSD   Australian Dollar/U.S. Dollar
81 5 6
Despite the rate cut and bad retail sale data still AUD continued its uptrend

but we see engulfing pattern on 4 hours time frame

-employment change data can even push the trend further

- rate cut
-bad retail sale data

It's just a short term target to see the confirmation for short term entry just check 30min time frame and will see the all MA point downside,
for 4hr and daily we have to wait for larger movement
i publish it for something to put your eyes on
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I saw the pattern too and wondered. While all the MAs are pointing upwards we have to start from somewhere
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It's just a short term target to see the confirmation for short term entry just check 30min time frame and will see the all MA point downside,
for 4hr and daily we have to wait for larger movement
i publish it for something to put your eyes on
Reply
snapshot

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