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AUSSIE DOLLAR THESIS
Australian Dollar / U.S. Dollar
Short
AUSSIE DOLLAR THESIS
By colefx
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Aug 31
5
Aug 31
So there is nothing fancy with this instrument.
It's clear that we going to go short.
However further confirmation is necessary.
The reason being is that there has been recent strength in the Australian dollar.
How long will the bulls last?
At this point it looks clear that major investors are pulling out as we have reached an overbought market.
Chart Patterns
colefx
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