Hey traders! We have another opportunity to short AUDUSD at the 50% retracement of the bearish leg we just traded. There is some resistance being shown in the entry area, and SL has been placed above potential pin resistance. Three targets can be seen on the chart, at 1, 1.272, and 1.618 fib levels respectively. If price continues to rally, we will re-evaluate the opportunity. Happy trading!
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