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Australian Dollar / U.S. Dollar
Short

AUDUSD - Wait for impulse to South

44
Following Double Top formation, price has come down gradually but there has not been definite South impulse to show real intention to go back to bottom Daily channel. Wait for this impulse and correction at potentially support level (dashed line) to the back of the channel before entering the market short.
R-T
Economic CyclesSupport and ResistanceTrend Lines

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Economic CyclesSupport and ResistanceTrend Lines
R-T

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.