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DaQuant
Aug 2, 2017 10:06 AM

Short AUDUSD Short

Australian Dollar/Japanese YenFXCM

Description

Short AUDUSD
-High has already reached due to the previous RBA news (3.5% interest rate story)
-DXY at a pretty strong support level
-RBA is actually dovish (not intend to raise the rate in the short term), market overreacted
-slow stoch looks good
-target to at least previous pivot point , or even lower
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