FX:AUDUSD   Australian Dollar / U.S. Dollar
D1 cycle completed, expecting a correction towards 0.78 zone. If we get a false break around this level along with divergence that would be a great sign for a bullish reversal.

Note - if we get second false break at the bottom we have all the reasons to expect a potential range afterwards ( 0.78 - 0.81 zone).

We have a magnet zone created by two cycles. We can expect the price to bounce anywhere inside the daily 38.8% zone.

We will be looking for divergence to complete itself and false break to form. Suitable strategies here will be the Forex Libra Code, sRs, Triple B and Scorpio Code.


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