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Alex.Singletary
Apr 26, 2016 1:31 PM

Weekly downtrend Short

Australian Dollar/U.S. DollarFXCM

Description

We are approaching what seems to be our weekly downtrend point in the structure. Again another structure coming to a cross on June 1st. How ironic! one more month for AU to push up higher before long term bears take over, lets be patient and not miss this opportunity. Could fall all the way to 60 cents. or who knows, maybe we will see a breakout. Let the chart decide when the time comes
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