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Identifying a Promising Trading Opportunity on AUD_USD - Let's Go Short!

skrimon

Active Member
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Hey fellow traders!

I wanted to share an exciting trading opportunity that has caught my attention: AUD_USD. As I analyzed the charts, I noticed that the pair is approaching a strong resistance level at 0.6800, signaling a potential bearish pullback on the horizon.

Over the past few days, AUD_USD has been trading in a local uptrend, which increases the likelihood of a corrective move downwards. By going short, we can target a local support level around 0.6720.

Remember to hit the like button and leave a comment if you find this idea helpful or if you have any other insights to share. Let's support each other and never miss out on new trading ideas!

Wishing you all profitable trades!
 

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