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KushFx
Feb 13, 2016 5:00 PM

EURAUD possible short rejection at weekly trendline Short

Euro Fx/Australian DollarFXCM

Description

Here we can see heavy rejection at the major weekly trendline.

- RSI divergence can be seen with formation of a possible LOWER HIGH
- Bounce from trendline resistance also aligning with key fib level
- Short on break and retest CTL
- Price is currently ranging within triangle
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