AUDUSD Short
Considering an idea where price is bounced of this intermediate demand zone.
Then price to test the immediate supply above with a pullback to the 50 EMA.
Waiting for a pullback after yesterdays impulsive move, would favour Reward. (5.8 R versus 2.8 R) .
Trade on chart .
Then price to test the immediate supply above with a pullback to the 50 EMA.
Waiting for a pullback after yesterdays impulsive move, would favour Reward. (5.8 R versus 2.8 R) .
Trade on chart .
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