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PetarJacimovic
Jan 13, 2016 1:31 PM

Potential downward continuation Short

Australian Dollar/U.S. DollarFXCM

Description

I found strong downward trend on AUD/USD. Commodities are going lower and China got problems, which can push commdity currencies lower. I expect re-test of the level 0.6940 (short term take profit). Final take profit can be around the price of 0.6300. Be careful when buying...

Trade active

I secured position and now my entry is on breakeven !!!

Trade closed: target reached

First TP reached , waiting for short term target at the price of 0.6300
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