Trading the Aussie dollar

In early October'19 (Wed Oct 3rd to be precise) we hid a low point for the AUDUSD spot currency pair at 0.66702. Since then, and after the last RBA rate cut, we have been in a bottoming formation with the Aussie Dollar. We present this idea below which becomes trade-able by both the Forex (AUDUSD) and the future 6A (or CME ADM) traders:

Trade idea

audusd-102019

Chart

audusd-chart-102019

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