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MDSADI
Dec 18, 2019 4:42 PM

Start looking for buy opportunity below 1.90  Long

British Pound/Australian DollarFXCM

Description

We have three great catalyst in the next 24 hrs for some decisive move and spikes to catch great entry. Notably, Australian unemployment data along with GBP retail sales and Bank of England interest rate decision .

In the short term a minimum price correction is expected, so strategy is to look for buy on further dips . I am not planning to go short until ichimoku indicator shows a decisive crossover. I would be taking this long by closing my current shorts, i am expecting more sideways range bound movement as liquidity conditions are expected to get thinner

Comment

entered at 1.89500
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