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Peet_Serfontein
Nov 4, 2021 6:16 AM

AUDUSD: mean reversion trade Short

Australian Dollar/U.S. DollarFXCM

Description

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.
Comments
UnknownUnicorn493766
great stuff
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