TheForexGuru
Short

AU downside pressure with expected target.

FX:AUDUSD   Australian Dollar / U.S. Dollar
96 1 9
Lower Highs, Lower Low. Plus the fact that longs were drastically cut on the COT report for 2 weeks now. If .7725 is broken above, then target in invalidated. US hike in the December on the table may also put pressure on AU .
thanks.
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