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AUDUSD: Important Breakout & Bearish Continuation (forecast/Trading Plan)



hey guys,


if you missed a short rally on audusd and want to be involved in this movement,

I would suggest you be focused on the expanding supply area based on 0.721 level - last higher low and the broken support line

of a major falling channel that was broken yesterday.


aggressive on spot entry is not an option right now, because it will be hard to place a safe stop.


next goal for sellers is 0.702 structure and the market will most likely continue going there.

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