TomProTrader

#AUDUSD: Bears Active, Expecting Some Downside!

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
12
The pair traded up to the highs to the 61.8 Fibonacci retracement, where there was a compelling bearish engulfing signal showing bears confirmed the correction level. There is also strong Stochastic bearish divergence suggesting there could be some velocity behind this move. I hope you have a tested trading strategy to trade this move when it starts

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