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tomstewy
Nov 13, 2022 6:31 AM

AUDUSD Short at the open? Go Lightly... Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD has rallied aggressively into a pivot point, closing the week at a significant pivot level. I am looking at price opening the week lower, and possibly making some short term downside.

Be warned - this trend is moving hard & fast, and you don't want to be caught on the wrong side of it tying to catch the correction.

Trade closed: stop reached

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