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salsapete
Aug 25, 2019 12:45 PM

Aussie for .6100 Short

Australian Dollar/U.S. DollarFXCM

Description

The AUDUSD has been in steady decline since 2011 and there is nothing to stop the drop (aided by the rate cutting cycle the RBA is following) .

The most obvious downside target , looking left , is past support at .6100.

This pair is to sell short on any pullback until .6100...
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