NJONGO_1

AUDUSD ON M30 TIME FRAME

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
During Lunch South African time we witnessed a Retrace down to test the new support line at 0.71850 and over the past 3 hours witnessed some bullish movement.


price is no at 0.72120 and having failed to break the horizontal resistance I have identified a triple top formation and consolidation.

I have entered short and my analysis is as follows

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