The AUD/ USD pair is in a state of free fall after the trade war truce.
But it has currently reached a demand prone zone.
Hence we expect profit booking here and a move to the supply zone is imminent.
But it has currently reached a demand prone zone.
Hence we expect profit booking here and a move to the supply zone is imminent.
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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.