AUDUSD is offering us a great opportunity to short with an initial target at the most recent support, and a secondary target at the 1.272 extension of the bearish impulse leg. This extension is an especially good secondary target because we have obvious confluence with structure at the .694 level. Goodluck!
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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.