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Raz1
Aug 13, 2016 11:43 AM

AUDUSD Resistance and Support Short? Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

This is quite a simple analysis of what may happen to the AUDUSD. On my chart analysis AUDUSD is currently at resistance/support. In my view there are two routes, both routes are outlined in the charts as red and orange. There is potentially a 2:1 RR trading opportunity here.
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