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Cryptoelite
Nov 19, 2014 1:16 AM

AUD/USD Possible resolution below channel setting up short trade Short

Australian Dollar/U.S. DollarFXCM

Description

AUD should come under some pressure given the exposure to commodities and their recent sell off.
I am short from 0.86981 following bearish resolution of 38.2 fib and confirmation of double top.
A close below the channel would be extra confirmation of a short trate
Tgt OTE Sweet spot on higher time frame.
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