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TheAlaskanTrader
Nov 15, 2019 12:54 AM

AU in Buy Zone? Long

Australian Dollar/U.S. DollarFXCM

Description

My prior idea of AU reversing at the 50% retracement level did not happen. That being said, price is now at the 61.8% retracement level and it appears to still have valid AB=CD pattern. So if you are looking to go Long, as I am, this may be a good place to buy with proper confirmation such as a double bottom. Any thoughts?
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