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VladimirRibakov
Aug 1, 2017 1:21 PM

AUDNZD Buy Idea Update Short

Australian Dollar/New Zealand DollarFXCM

Description

The main direction of this pair is up and the correction that we were looking for has happened and we cashed out of the sell trade yesterday.

Now regarding the buy scenario, the trend line was broken up

As long as last lows which I marked is holding we can look for buys.

Most conservative way to enter here would be with the Double TL breakout principle.
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