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Possible trend reversal
Australian Dollar / U.S. Dollar
Long
Possible trend reversal
By boring_trading
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Updated
Dec 29, 2018
1
Dec 29, 2018
Some reasoning:
- long-term resistance lines are holding
- divergence on weekly RSI
- volume was falling yesterday
Backup plan - sell if support at 0.7037 breaks and downtrend continues
Dec 29, 2018
Note
I meant support at 0.7022x of course
Support and Resistance
Triangle
boring_trading
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