AUDUSD has a strong resistance zone now between 7700 to 7720 and as per my simple wave count and analysis, looks like it will go further down.
I'm short on AUDUSD.
I'm short on AUDUSD.
Trade closed: target reached
Good example of a working EW theory... trade worked out well and hence closed.
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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.