AUDUSD - BIG LONG
- Price at Fibo Ret 0.618 - often respected
- Head and Shoulders pattern
- Demand for AUD can be driven by potential China acceleration
- USD expected to weaken due to slowing economy - potential rate cuts
Altogether - potential LONG on AUD
- Head and Shoulders pattern
- Demand for AUD can be driven by potential China acceleration
- USD expected to weaken due to slowing economy - potential rate cuts
Altogether - potential LONG on AUD
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