KosmoFX

AUDUSD at a major zone. What to expect?

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD has approached major support zone and we can either expect a bounce to the upside or breakout to the downside. I would like to see a double bottom on the 4h TF at the support and then target the previous high but the rest of the week is packed with news events therefore it will be difficult to make the decision before any news release comes out.
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