AUDUSD SELL IDEA

** JUST AN IDEA. NOT A SIGNAL **


We can see here that the trade has tested and felt constant resistance at 0.70015 multiple times already.

After its breakthrough, it then felt resistance again at 0.70302 where momentum took a swing as sellers have weighed the chart down.

We expect to see a further downtrend from here onwards after rejection of 0.70015 once again.




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