RlcTrading

Aud/Usd Retracing From The 50 Fib Level As Expected

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
See my previous analysis of Aud/Usd. It was a buy and I expected it to move to this level. It did...
Now it has begin to retrace. Nobody knows if this is just a small pullback on the daily time frame , or that it will fall and create a double bottom trend reversal pattern on the daily time frame.
Lets see what happens and watch closely!
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