Heya Martin what has my eyebrow pricked now on this AUDUSD pair is that it's got a lot of shorts on it expecting one more down. But MACD daily is bullish structure is flag like with a double bottom and can almost interpret inverted H&S
I would say MM's have much more money to make collecting shorts on this pair
Having said that could be one more down once it hits (if it does what i expect) upper trend line ....or could break through decisively
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