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AbdorhmanThi
Dec 4, 2016 8:50 PM

AUDUSD: Short Bearish Bat Pattern  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD broke the trend last week. It has then been retesting this line. Overall outlook for AUDUSD is short and we see that a bearish bat is forming along the trendline. Great area to sell with two targets. The traditional target based on the pattern and the maximum target of .7320.
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