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TradeTheStructure
Sep 18, 2020 3:33 AM

The AUDUSD getting heavy back up at recent highs Short

Australian Dollar/U.S. DollarFXCM

Description

The Aussie Dollar is setting to squeeze out recent buyers is price action holds around current levels. We are now watching for a washout of 0.7326 to trap some buyers and then a quick reversal to start the breakdown. Key level for a good move down is the break below 0.7306. Watching now for a shoulder entry short.

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Comments
stuartmimu
Perfect discussion
VasilyTrader
Very good analysis, my friend! Here is what I see:
TradeTheStructure
@VasilyPonomarev great minds think alike
BakiShirzadi
Nice chart
TradeTheStructure
PolarHusk
You're doing great
TradeTheStructure
@PolarHusk let's see if it continues lower
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