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StevenSng
Aug 9, 2015 5:49 PM

AUDUSD Long on Daily retracement. Long

Australian Dollar/U.S. DollarFXCM

Description

Break of D1 trendline, MA's almost crossing over at H4.
Price broke H4 Kumo. Confluence with RSI. Chinkou clear of resistance in H4.

TP at 38.2 Fib in confluence with previous structure. In confluence with D1 EMA 90.

Risks:-
Could be ranging in a box.


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