A 4h buy signal in AUD suggests this will stop falling for now. Stop at 7033 if hit will let us know we were wrong. But hey a signal is a signal. This is also taking into account that the daily and weekly timeframes suggest oversold as well. We can not know if this will be a meaningful bounce or not at this time. We will get out upon a 4h sell signal.
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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.