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theselfishtrader
Nov 13, 2016 10:24 PM

AUDUSD now bearish? Short

Australian Dollar/U.S. DollarFXCM

Description

Following the recent false break of the months highs, price has broken below recent support levels and the rising trendline. I am now looking to short pullbacks. Preferably a failed retest of the trend-line around 0.76. I have highlighted potential areas for a bounce. Should price break below 0.75, things could get ugly pretty quickly.
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