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Jan 8, 2020 1:19 PM

AUDUSD Sell Signal Short

AUSTRALIAN DOLLAR / U.S. DOLLARICE

Description

Pattern: Channel Up on 1D.

Signal: Bearish if the Higher Low trend line breaks (flag mark) as the price has been already rejected on the wider 1M Channel Down (bold channel).

Target: 0.6700 (just below the 1D Support). If the 1D Support breaks we may see an extension on the 1M Channel Down towards a new Lower Low near 0.64000.
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