Scenario 1:
the AUD index shows a potential fall in the currency. watching the pair closely for a weak retracement back to the green trendline and a potential fakeout at the trend line as a confirmation to go long.
Scenario 2:
the pair shows a strong bearish movement towards the trendline and breaks it with weak bullish retracement, go short.
the AUD index shows a potential fall in the currency. watching the pair closely for a weak retracement back to the green trendline and a potential fakeout at the trend line as a confirmation to go long.
Scenario 2:
the pair shows a strong bearish movement towards the trendline and breaks it with weak bullish retracement, go short.
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