MFXSCharts
Short

AUDUSD ripe for a short

FX:AUDUSD   Australian Dollar/U.S. Dollar
25 0 1
The Aussie is approaching major resistance confluence once again and looks ripe for a short. Pair remains capped by falling trend-line resistance dating back to April             2013             . Bears will be keeping an eye out for sell signals on the lower time frames and looking to propel the pair lower. Initial support lies in the 76 - 7620 range, with a break below there targeting channel/range support confluence above 7450. Daily close above 77 would invalidate.
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