olly_price
Long

Long AUDUSD on structure

FX_IDC:AUDUSD   AUSTRALIAN DOLLAR / US DOLLAR
I speculated that the RBA would cut rates at the meeting in the beginning of May and went short with a profit target of 73. This has almost been met, providing us with a buy opportunity at the very strong level of structure, indicated by the horizontal black line.

Could buy now or at 73.
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