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MtxTrader
Nov 15, 2016 7:51 PM

AUDUSD Decisive Moment 

Australian Dollar/U.S. DollarFXCM

Description

Bulls and Bears are unsure of this pair at the moment as the second daily doji candle will be forming soon.
Price has so far been sitting on the support trendline this week. A break below would indicate a short term bearish movement down to 0.7440, and even lower from there. So now, we wait for a strong candle in either direction for a buy or sell position to emerge.
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