there is an unusually large bearish pin bar on the back of a fundamentally important news event.
This is one of the likely scenario that will happen, AUDUSD could have a brief retracement towards the upside.
But as long as this bearish pin bar is not negated (above 0.732-0.733), the pair is likely to trend lower towards either one of the highlighted green support zones.
Plan your trade and trade your plan.
This is one of the likely scenario that will happen, AUDUSD could have a brief retracement towards the upside.
But as long as this bearish pin bar is not negated (above 0.732-0.733), the pair is likely to trend lower towards either one of the highlighted green support zones.
Plan your trade and trade your plan.