panicselling

Is the $AUDUSD running out of steam?

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
For 9 straight years the Aussie Dollar has been in a horrific bear market. And at this point I don't see any reason to bet against the re-emergence of this bear trend.

Picking bottoms is notoriously hard (something I actively avoid). So thankfully with this setup I see a great risk reward opportunity on the short side.

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