structuredtrader

AUD/USD finally turns and sets up (idea update #4)

OANDA:AUDUSD   Dolar Australia / Dolar A.S.
This was the sequence I was waiting for all week.

Bears reclaim control with strength, the move slices through the entire zone, THEN price stalls....it's a beautiful thing.

Please refer back to the attached ideas/charts from earlier this week, you'll see my commentary. Specifically, it's the strength of the move through the level that put this pair back into playable territory.
Penafian

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