An idea to buy AUD would be to buy support. But we must be patient and let AUD prove itself that it has
bottomed. If it turns back down without crossing resistance (HIGH) then this idea is void.
Stops 20 pips below buy should suffice.
bottomed. If it turns back down without crossing resistance (HIGH) then this idea is void.
Stops 20 pips below buy should suffice.
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I took the trade on the second bounce off that line. Precision trading friends!
I do not think this is a buy at the moment.