AUDUSD PROJECTION
USD is seen to have been gaining strength over AUD since 02/02 as price has been in a slow downtrend. A counter trend H&S pattern off a rejection from 38.2% fib level is enough confluence for price to get to the -27.2% fib extension @ 0.6920
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.