After recovering from majorly bearish news AU has enough bullish momentum to recover and hit this TP1 target for at least 20 pips.
Trade attivo
Seeing brief consolidation in anticipation of Sydney session open. A fibonacci retracement of over 40% on the last few hourly candles after a clear inverse head and shoulders signals that it's primed for entry. Only risks are a possible stop hunt and impending US news within the session.
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