LAT

AUDUSD - Trading with the trend

Short
FX_IDC:AUDUSD   Australian Dollar / U.S. Dollar
Daily timeframe. Rebound from the 3 year down trendline. Waiting for a breakdown of the countertrend line and support. Stop placed above the previous price action high and long term down trendline. Target is the next support level and previous low. With potential further targets at 0.7351 and 0.7179.

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