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Koryphaeen
Jan 27, 2016 7:09 PM

Bounce from the daily trend line Long

British Pound/Australian DollarFXCM

Description

In my opinion, price action will bounce from the daily trendline, around 2.0000, a really strong support level. We could experience a very steep rally which will break the corrective structure as well. I will be long at around 2.0000 with SL at 1.98 but not before the bounce happens and there is bullish sign in price action.
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