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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