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sherwoodforex
Jul 16, 2013 1:23 PM

AUD/JPY Sell Short

Australian Dollar/Japanese YenFXCM

Description

AUD/JPY is in a long term downtrend. After retracing to the 61.8% Fib on the 4h chart it now seems to stall. MACD divergence; I wait for break of (1h) trendline to go short.
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