Hi guys, thats a price action analysis.
On my weekly watchlist I had this pair, and finally I could look for a short. After this up movement, AUDUSD reached an important Sellers Zone. In 4H chart price rejected this area.
I setup 3 Targets, Risk Reward Ratio could be 4 times bigger.
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Did you make an idea about this pair? Share it in the comments.
In this post, I not recommend buying or selling so please do your own research, and follow your trading plan with a properly Money Management.