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848evo
Oct 18, 2016 12:16 PM

AUDUSD Cluster Chart 10-18-16 Short

Australian Dollar/U.S. DollarFXCM

Description

PA has shot up and taken out the strong upper resistance cluster and made a bounce. A new cluster formed right above at 0.77, but I don't think PA has enough strength to go any further up to hit it especially as we are near the falling TL on the D1. Expecting a reversal down now to target the lower clusters.
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