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alicanuz
Nov 16, 2021 7:09 AM

AUD/USD Technical Analysis Short

Australian Dollar/U.S. DollarFXCM

Description

Price is in a downtrend making lower lows and lower highs, I believe the new lower high in this circumtance is 0.7370 and price can now fall to the -0.27 or -0.618 fibo levels where price can find support and reverse.

Trade closed manually

Took profit after 4-hour bullish engulfing candlestick.
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