Peet_Serfontein

AUDUSD: mean reversion trade

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
Bearish trend applicable below 0.7535.
200-day might act as major resistance.
Downside price momentum supports the bearish trend.
RSI leaves enough room for further downside price potential.
Mean reversion trade like as the price action is close to the upper range of this pattern.

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