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KlejdiCuni
Jul 26, 2021 12:09 PM

AUDUSD: What The Daily Chart For AUDUSD Tells US? Short

Australian Dollar/U.S. DollarFXCM

Description

On the daily chart, we can see that the price is pointing to the downside but as usual, we don't have to anticipate a fast move down. On a lower time frame, the price has the potential to correct higher up to 0.7495 - 0.7525 before moving down again. So on a lower time frame, the price may move higher from 130 to 160 pips. Once the price will be there we may watch for a selling opportunity with targets:0.7306 and 0.7102.

Thank you and Good Luck!

Trade closed: target reached

Comments
Helical_Trades
Very good!
ATSignalsFX
Good Job! Same analisis as mine
ProjectSyndicate
superb overview for position traders
choirzs
i'm subscribing your telegram channel, always waiting for your idea. thank you for sharing!
KlejdiCuni
@choirzs, Thank you. I really appreciate it.
Mihai_Iacob
Very good!
KlejdiCuni
@OptimoomFX, Thanks buddy!
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