AUDUSD: possible trade scenario

2020-01-13 13:25:38

AUD was under pressure since the beginning of the year, which was stopped last week. On Friday there was a correction move, which might provide another opportunity for joining bears.

There could be a pullback from the price zone between 0.6925-0.6965. It's better to enter a position with higher R:R, in my case the number is around 0.694, with stop above 0.6965 and 0.6885 take profit.

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