AUDUSD testing 0.6250
AUDUSD is testing the broadening wedge support line and historical horizontal support line 0.6250. A bounce from here is required for the upside reversal and a pullback into 0.6800. This is the most probable scenario as the price action is reaching exhaustion of the downside here. Now only a break below 0.6250 can lead to an invalidation of the upside reversal.
Note: look for the long trades with a stop loss below 0.6250
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