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Fx_Trader_ViSa
May 19, 2020 9:08 AM

AUDUSD Trading at strong resistance Zone Short

AUD/USDOANDA

Description

AUDUSD is trading in an ascending triangle pattern. Also, it is trading at a strong resistance zone, which can be a triple top pattern, if price reverses from the current level. one can initiate short trade with a stop loss just above the resistance zone. If it breaks out from the resistance zone on the upside, we may see a new trend in AUDUSD.

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