DLavrov

AUDUSD Sell Opportunity

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
The price is below the kumo and we have a reversal from Tenkan line. DMI confirms strong downward movement and allows trading. We have sell opportunity. Entry level for short trades should be below the local swing low - it's 0.78900 level. Stop orders must be placed above 0.79850 level. Profit targets should be at 0.77500 and 0.77000 levels.

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