AUDUSD: Handling Market Retracements

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Hey Traders,

After the RBA News RE Interest Rates we saw the AUD fall greatly against the USD.

We had already been scaling in short and can now change our near term bias to longs.

Here is how and why.

Ask Qs In Comments below.
Note
Scaling in light longs for first entry as we fall nearer .676. Risk averse entries can be entered at that point.
Note
TGTs back nearer .678

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