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ziebarf
Jul 29, 2016 8:13 PM

AUDUSD SHORT UPDATE Short

Australian Dollar/U.S. DollarFXCM

Description

Taking a bit of heat on this short, viewing it as a long term trade based off a weekly channel. Blue line indicates current entry, red is stop, green is targets.

Comment

Still taking heat on trade, at this point anticipating a full stop or a major reversal off what appears to be a head and shoulders pattern forming.
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