Weekly Trade Ideas on AUD/USD, EUR/USD and S&P500
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Weekly Trade Ideas on AUD/USD, EUR/USD and S&P500
AUD/USD – Aussie/dollar stays contained under key resistance
The AUD/USD has been in a trading range for months now, between key resistance up near 0.7700 – 0.7750 and key support down near 0.7445. A bearish pin bar formed last Wednesday at the key resistance of this range, followed by a sell-off on Thursday.
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Traders can look to sell this pair this week on any strength whilst under the high of last Wednesday’s bearish pin bar as we could see prices try to re-test the bottom end of this trading range ... (read more)
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