FX:AUDUSD   Australian Dollar/U.S. Dollar
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It is true that AUDUSD             made a new high for 2014 but looking at the big picture, it is still dominated by a long trend line drawn from the top of early 2013. There is also a wedge pattern to consider. Price action obviously recoiled from the resistance. Until overhead resistances are cleared, risk proposition appears to favour short.
i just went short
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