Last week we saw a large pull-back in the audusd, the pair opened the week slightly above Friday close before trading lower to break the 0.7170. Now the pair have retested the turning point 0.7223 area. A short is initiated here and we expect lower lows in the pair. levels to watch : 0.7186, 07170, 07159 a clear break of the latter will open the door for 0.7067 before 0.7015. GLT Follow us on twitter @charts_247 for more info and updates
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