AUDUSDFor educational purposes onlyAUD/USD is rejecting price at the 50% fibonacci retracement level which is also a very key level of support on the day and week chart (see red line which indicates support level); possible rebound from previous lows to high extending to at least the 127% fib extension level.
Trade closed: target reached
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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.