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Ghost Traders FX AUD/USD Continuation on Range Fill [LONG]

230
Bias: Long

Reasons: Last week we got the close above .63 on the daily/weekly I was looking for to signal strength coming back into AUD/USD. This doesn't mean we're long-term bullish just yet as Trump stimulated price up here through hurting the DXY with dovish comments on Tariffs - he's already strengthened it to start the week discussing Tariffs on Colombia. It's likely to me that price fills the range up to .636 before clearing out the long sentiment retail has, which could be as low as .6 - 611 before price turn long-term bullish.

Considerations: Trump being president makes longer trades more dangerous so keep this in mind, you may want to just be in and out.

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