AUDUSD Headed South

Updated
Bouncing off this descending channel. Confluences would be retracement at the 38.2 fib level, price in a supply zone and SMA acting as resistance.
Trade active
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Trade active: 35 pips from 38.2 fib level and counting
Trade closed manually
R1 Pivot turned support. TP taken
Chart PatternsTrend Analysis

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