As we can see that AUDUSD broke support zone and is currently sitting at the major support zone and also showing bullish divergence.
so it can turn out to be a fake out that might have been created just to retest the major support lying beneath.
so we can plan long positions over here if we see some sort of bullish confirmation.
so it can turn out to be a fake out that might have been created just to retest the major support lying beneath.
so we can plan long positions over here if we see some sort of bullish confirmation.