We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUDUSD prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUDUSD-bearish contrarian trading bias.
So expect this resistance to be broken and a fall to 0.6830
So expect this resistance to be broken and a fall to 0.6830
Note
((resistance 0.68660 ))SO WE SELL BELOW THIS LEVEL.TAKE PROFIT@ 0.6830.
Trade active
Note
we seell but move stop loss to 0.69196Trade closed manually
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.