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AUDUSD - Long
Australian Dollar / U.S. Dollar
Long
AUDUSD - Long
By nadavhurwitz
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Jan 14, 2021
1
Jan 14, 2021
Downward resistance break out with bullish engulfing.
Engulfing on support level & 55 moving average.
Enter on engulfing confirmation.
Stop loss below engulfing.
Macro support:
Weak US labor force and democratic control of government means a lot more stimulus.
This supports a weaker dollar.
Happy Trading:)
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