AUDUSD Trade Idea

AU is currently in a range bound condition after an extended bullish condition. Three main technical levels to pay attention into are 0.7520, 0.7580 & 0.7638. Currently remain neutral bias, until price reacts at 0.7638 to show potential double top setup or a breakout setup. Personally, will avoid taking any position in between the range, however, do not forget that the overall trend is bullish on the higher timeframe.

Trade safe.

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