hey traders,
this week AUDUSD is predominantly bearish.
pair is trading within a falling wedge pattern.
I expect further bearish continuation to 0.672 structure support level.
I think that the majority of buying orders is consolidating on this level,
so there will be a high chance to see a bullish breakout of the wedge.
For us, it will be the entry signal.
Target levels will be: 0.675 and 0.677
Stop will be below the lowest point of the wedge.
*if the market breaks the lower boundary of the wedge, setup will be invalid
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T1 reached
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