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Quadricolor
Jan 8, 2018 4:36 AM

AUDUSD Short, RSI oversold and dropping, Commodities overbought. Short

Australian Dollar/U.S. DollarFXCM

Description

Looking at commodities which support AUDUSD, they look overbought. Adding to that the DXY situation, the USD looks supportive of potential strength. Sell AUD with good take profits at previous lows. Take profits could change depending on circumstances.
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