AUDUSD Counter-trend Buy idea,
As indicated in the chart, AUDUSD can rally up to the resistance level of 0.6685.
So, it could be a counter-trend buy trade for short-term.
However, be careful as worsening risk appetite could lead to a drop in AUDUSD as well.
So, it could be a counter-trend buy trade for short-term.
However, be careful as worsening risk appetite could lead to a drop in AUDUSD as well.
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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.