pipinsight

AU: Short on poor coal demand

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
"Universe above" is a down trend. Australia's major export is coal which is on it's way out. USD with Trumps' tax reform means a stronger economy. How much stronger, the chart will tell without you having to do research.

Enter a short at the 78% fib (.7477) and keep moving your stop loss down but initial targets are .744.

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