AUDUSD Short Opportunities
Looking to short this pair near its smaller channel it currently is in if momentum slows down. Or we wait for price to make a solid third touch. It is important to know HOW we reach this third touch however, because if we get there impulsively we must wait for price to make a fake out and we will enter off any continuation signals. If we get there slower in a more consolidated format, our chances of falling this week increases dramatically.
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