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theselfishtrader
Mar 2, 2017 10:58 PM

AUDUSD - Potential long trade on the horizon Long

Australian Dollar/U.S. DollarFXCM

Description

Price has recently broken out of the choppy range at resistance around 0.77400s to the downside
Previous support can be found around 0.75200s, an area confluent with the 38.2% Fib of the upswing.
RSI is already oversold a touch

I will be watching for bullish signs to get long, preferably a double bottom.

Trade active

Trade closed: target reached

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