marc1610
Short

Good Potential Short on AUS200!! with good Risk Reward

FX:AUS200   S&P/ASX Index
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The AUS200 has broken above a previous resistance area and looks to be slowing down and should pull back to re-test that resistance area , thus giving a nice little short opportunity. Also the S&P500 appears to have bounced off a channel which also adds to the likelihood of the AUS200 retracing for a little while.
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