Currently, the AUD/USD has reached the 100-days EMA level where it can find some support.
So, there could be some pullback from the current level.
However, it doesn't mean we should buy immediately.
It would be a good idea to wait for some consolidation and bullish price action.
at the 0.7050 area before considering buy trades.
Major support lies at the 0.70 level as well.
Good luck on trading guys!
Telah diedit 16 Oct 2020, 11:22
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