spocktrader
Short

Aussie breakout alert

FX:AUDUSD   Australian Dollar / U.S. Dollar
26 0 0
Since the beginning of April AUDUSD             has been trading in a tight range. Now this 250 pip range has been breached to the downside. A daily close below 0.9203 would be a pretty bearish sign. Right now bulls are striking back, but for how long?

I'd wait for a clear break of the range and enter at a retest
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