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Pimmixx
Oct 14, 2016 9:19 PM

Short on AUDUSD very likely.  

Australian Dollar/U.S. DollarFXCM

Description

After a channel-run with multiple touches, it seems that price has reverted to the downside. However, this could be also a fakeout since there is still some way to go until first soft resistance at 0.76657 or even stronger resistance at 0.76952. More likely it will go to the downside. An individual Buy-Stop or Sell-Stop to place. Good luck - I placed a short.
Comments
Pimmixx
Solid green line is the trend on the daily chart.
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