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Jun 27, 2016 1:06 PM

AUDUSD Bearish Price Action not worth taking. Little R/R ratio Short

FX:AUDUSD1D
Australian Dollar/U.S. DollarFXCM

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As mentioned last week, we were looking for a Bearish evidence to enter a short trade. We did get an engulfing reversal, however the risk ratio was only 1.7:1 so not worth taking.

AUDUSDEngulfing CandlepriceactionBearish Patterns
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