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fxpremiere
Jul 12, 2021 8:41 AM

Audusd downtrend Short

Australian Dollar/U.S. DollarFXCM

Description

Audusd
After exiting accumulation, the instrument did not return and, after fixing below the border, updated the local low. Having worked out the level of 0.741, it is not going to go up, but turns around to retest the level. According to statistics, levels are most often broken through on retests, so I expect a breakout and a decline to support 0.7335
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