848evo
Long

AUDUSD Running out of downward steam

FX:AUDUSD   Australian Dollar/U.S. Dollar
20 0 0
AUDUSD             is still making new lows, but is clearly running out of pressure, we should soon see a retracement. I'm looking at the 272 extension level as a possible retracement point with my SL below the blue heavy support line. I think it'll bounce up to do an RSI correction and possibly re-test the 50 SMA .
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