FX:AUDUSD   Australian Dollar / U.S. Dollar
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This pair has been consolidating inside the October 15th candle. Both buyers and sellers are waiting for a catalyst to get excited about this pair. This sets up a very simple breakout strategy. You place entry orders above and below the highs and lows of the candle. Once price spikes through, you are entered. Blue lines would be 5 pip entries. We discuss this in the Weekend Preview. Check it out: http://youtu.be/_g1iOJfwd_g
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