AUD/USD is near an important support level. Today it bounced off the 50MA within a down channel and is above the resistance it saw in April. For a quick scalp look for it to drop before first support at 1.0580 then a exit around the 50MA near 1.0507. That’s about 70 pips worth of movement. Playing bounces within the trend, the support levels, and 50MA can increase the odds of success.
