After recovering from majorly bearish news AU has enough bullish momentum to recover and hit this TP1 target for at least 20 pips.
Trade ist aktiv:
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.