mngFX

AUDUSD, price action still developing for SELL

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OANDA:AUDUSD   Dólar Australiano/Dólar Americano
Hi Traders,

AUDUSD has been rising correctively which we came to a key level forming a double top. Good indication that price could break out of this channel forming a CAB entry. I am only interested in this if an impulse breakout occurs then I will watch out for a 5-6 candlestick correction to validate this sell.

Follow your plan and analysis!

Good luck!

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