nicoacademia
Short

Bearish to this level 0.953

FX:AUDUSD   Australian Dollar / U.S. Dollar
73 0 0
Everyone could see the huge bearish engulfing at a resistence area on the daily.
But let's keep in mind that potential support as well as a good take profit zone will be just slightly above the 50.0 fib. Markets do not go down in a straight line.
Intraday wise I believe they have established their sell position already.
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