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Short

AUD/USD Short Opportunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
AUD/USD Short : The trade is already in the initial stagesof taking profit but there is much more room for pips to the downside. Twin peaks/ double top resistance (highligted in yellow ovals) are confluent with the 4hr Fibonacci retracement at 61.8% and indicates a continuation of the bearish trend to 3 targets, as shown on the chart.
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