AUDUSD near key 0.7000 handle. Interesting level to trade.
The 0.7000 handle has historically generated a lot of interest among both and Bulls and Bears of this Currency pair. This hot price cannot be ignored and can quickly become a scalpers paradise with lot of sharp movements around the 0.7000 area.
Our view is that a sharp pull-back is expected below 0.7020 for a 50-75 pips.
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