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salsapete
Nov 4, 2019 8:55 AM

Aussie Short  Short

Australian Dollar/U.S. DollarFXCM

Description

Since April 2018 the Aussie has been contained to the upside by the 200 MAV.

As price approaches this dynamic resistance considering a short


1. Short - around .6950.

2. Stop - above Monthly R1 around .7010

3. Target - prior low .6880

RR = 4.5......
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