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Euro / Australian Dollar
Short
Oct 17, 2020
Short the EURAUD when support turns resistance
4
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6
6
Strong daily area of resistance has been reached, we can therefore anticipate a rejection on this zone even when going down to the H4 time frame.
As confirmation, we will wait for the rejection at resistance and a retest of the resistance on the H4 before we plot our entry to the down side.
Good luck.
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