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soundfx
Oct 31, 2014 11:56 AM

AUDUSD LONG Long

Australian Dollar/U.S. DollarFXCM

Description

After breaking north out of the diamond and then dramatically retesting on a news item, price bounced and stayed above trend lines and the midpoint of the diamond. Looks ready to resume upward momentum. Bullish divergence also gives a clue as to where price wants to go.
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