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tradingalone
Feb 13, 2016 10:22 AM

Short AUD/USD Short

Australian Dollar/U.S. DollarFXCM

Description

Downtrend on the monthly, but stuck at a key level.
Downtrend on the weekly.
Ranging on the daily.

0.73260 will be a key level to watch for shorts.

Tier 2 trade because downtrends on major timeframes, and target zone coincides with top of range.
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