Alex.Singletary
Short

Downtrend Continuation?

FX:AUDUSD   Australian Dollar/U.S. Dollar
101 0 1
Some nasty data made this pair rally today. Either there will be another sell off from here, or it will break above the S/R and will test 7240, and 7300 respectively. If it breaks the trend line to the downside, it will gain more momentum. It tried but failed as you can see the false breakout ive outlined.
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