AUD/USD

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AUDUSD is overbought, price is on a very strong historical resistance/support area and also at the peak of a Sep 2017 decreasing channel. Take a look. It's very likely to bounce back. But let's see if it goes against and fractures, because it was a extremely speedy movement from .75 zone. Additionally, it is possible to break the top of falling channel until .78xx area and then return to where it's now ( 0.77x) or all the way down to 0.7550. I don't anticipate massive hikes for this pair next year because the whole Aussie GDP prediction was readjusted to significantly less than that which it...

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All yes except that USD doesn't seem that great at the moment also...

AUDUSD is about to come down in 0.7728 into 0.7603 best of luck to everyone over there.

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AUDUSD is about to come down at 0.7728 into 0.7603 best of luck to everyone around.

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Agree

At least minimal retracement must correct overbought condition.

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simple repeating accumulation pattern in the past. Final TP for the bulls is 7740-7750 this week (after bank holidays). picture

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has been a fairly clean setup. Flipped here but stops.

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quote was a pretty sterile setup. Tight ceases although flipped here.

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Shorted at 77450

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quote Shorted at 77450

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same here short @ 48. Stops @ 60. risk 12 points. I will re-enter later if I get stopped out. Goal is 7500.

If fails @ 60 new re-entry (brief) @ 80 stops @ 90, goal 7525. Risk 22 goal 7525. If instant runner has stopped outside, will take a pass. Risk restricted @ 22.

Stops struck -12. Re-entry posted in my own thread. Very high confidence that this will roll over today/tmrw the newest.

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quote I'm leaving my trades at about 7730-7740. Strong resistance over there.

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Took profit in my longs.
Good returns to end the season with.

Aussie today screwing with everybody lol. It looks like a sell, but the over-extension keeps coming.