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Audusd_short

Australia's Nasty FallThe battle between the multi year downtrend and the one-year uptrend has been won decisively by the LT downtrend. Recent weekly closes below 0.7625 level add clarity, however price structure and momentum triggers had already provided a host of evidence that confirmed an impulsive negative weekly outlook. Initial targets lie 0.7300 all the best with this pair in the run up to the New year and please remember to like and comment your views, they are much appreciated!
Short
by TheBanker
4
AUDUSD back to test broken support. Could become resistance?Hi traders, this is my analysis on AUDUSD. Price is coming back to retest a previous broken support. In case like this a broken support could turn into a resistance and provide a good point for reversals. We've identified two levels but i think the first is more important cause, look left, it has proved to be strong two times in the most recent time. So as usual after we find a good point for reversals we go down to lower timeframes and look for shorting opportunities in form of candlesticks, advanced or simple patterns. Let's see! If you want to share your standpoint, please comment. Otherwise, see you in the next chart!
Short
by Roker1