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Apr 1, 2019 5:44 AM

AUDUSD - Potential SHORT from cap of negative trend Short

Australian Dollar/U.S. DollarFXCM

Description

The AUDUSD is approaching a key level in a 14 month negative trend.
With the RBA announcing their interest statement tomorrow, we are expecting a dovish stance.
Entry 0.7130
SELL with stop loss above resistance of 0.7168
Take profit set at 0.7060 and then 0.7020 in extension.
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