Low risk AUD long

31 May 2023

Potential pivot zone for AUD futures in a weekly FVG with shift in market structure to upside and retest of lows on CPI data. Looking for 50% retracement of the recent 1H down leg. Take profits at the 1H FVG ahead of the 50% level. This coincides with the E-mini retracing after shift in market structure to the downside.