Similar to the other currencies, the Aussie dollar too got hammered against the US Dollar. However, it seems to have
found some footing in the demand level that I have highlighted in my chart.
As my trading strategy relies heavily on buying at supports, I would be looking to go long in AUD/USD@0.6710-0.6730
with a moderately placed SL below the support level and initial TP at 0.6850
found some footing in the demand level that I have highlighted in my chart.
As my trading strategy relies heavily on buying at supports, I would be looking to go long in AUD/USD@0.6710-0.6730
with a moderately placed SL below the support level and initial TP at 0.6850
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.