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SureFire_Trader
May 22, 2018 12:35 AM

#AUDUSD may run into resistance - Don't buy NOW Long

Australian Dollar/U.S. DollarFXCM

Description

It may appear Aussie is reversing strongly to the upside. But be careful. The price could likely come under pressure at around 0.760 - 0.765 area and then drop. Expect to see price challenging 0.741 low and drop towards 0.735 or lower. That will be my buy entry (+500 pip potential). Definitely this is the trade I am watching closely for a nice long entry. Please do visit my website for more trade news.
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