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UnknownUnicorn261897
May 9, 2017 12:15 PM

Daily Key Levels on AUDUSD Short

Australian Dollar/U.S. DollarFXCM

Description

High traders. As you can see by yesterday's key levels, price is focused on the downside. Price broke through s1 shortly after the open, broke through s2 overnight, and has since found nice support at s3 to the T.


Going forward the focus remains to the downside until proven otherwise. A break below what was s3 and now s1 at .7331 will be required to put sights down to the new s2 and s3 at .7289 and .7246 respectively.

Enjoy and remember to follow!
Comments
chartsareforships
great analysis! Liked, followed!
UnknownUnicorn261897
@caseywarning, I appreciate the support and I am glad you enjoy the analysis. Feel free to join the Telegram group where I post this analysis on 10 currencies rather than just the 4 I post here. t.me/feroxwealth
patterntrader
First of all, thank you for sharing this wonderful trade setup. Looking forward to see the result. Frankly, I don’t see markets; I see risks, rewards, and money
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