AUDUSD has been selling decent recently, missing out on the first entry I have been waiting patiently for a second re-entry, I have found a possible entry using the Daily and 4 Hour time frame. As market is bearish, I predict a tipping point for the retracement that occurred before market closed, Support zones were measured using back testing on higher timeframes. Overall I am risking -30 pips to get a grand total +155 pips. If price reaches second support zone, I am early predicting a consolidation period which I shall then wait on its next move.
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