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Short on AUDUSD

On the weekly chart, price is moving lower to the weekly demand zone around 0.6685-0.6725 and still trading below the 20 moving average. The next potential weekly target would be to test this demand zone and reverse back up. If price fails and closes below the 0.6685 level, then we expect to see price testing the 0.6554 level down below.

On the 4 hour chart, price could either test the 0.6822 or the 0.6864 supply zones before moving down to the 0.6711 level, or move all the way down to the 0.67110 level this week.

tradingforexhub.net/weekly-forex-forecast-30th-4th-of-october-2019/

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