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DeGRAM
Jul 8, 2020 5:55 AM

AUDUSD +250p trade  Short

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD is again on the resistance line.
Perhaps the price will reach a strong resistance level and then I recommend everyone to sell AUDUSD to the second support line.
The reasons:
1) The trend is falling (D1 timeframe)
2) Strong resistance line
3) Good risk to reward ratio.
Comments
sergun1957
Good luck !
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