Hi Traders, here we are back on another market breakdown on AUDUSD. In the previous analysis, I talked about potential buying opportunity as price was getting extremely overstretched approaching 0.70 key support zone (previous triple bottom rejection area). So far it's going according to our plan, looking for further buying opportunity up to 0.73 - 0.74 if we get some pullback towards 0.71 minor support zone.
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Let me know your thoughts in the comments below.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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Previous analysis
