AUDUSD current level should act as a support zone 0.62-0.58. If it breaks there will be massive downfall as per the pattern overview. 0.52 and 0.47 will be next stop. On contradiction there is also bullish wedge pattern forming which could also kill the sellers. One can easily try the big long with 2% SL & target above 10% 20%. If SL hit just reverse the position for bottom level liquidity targets. 0.54 0.52 0.47
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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.