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AUD/USD Large Outside Day Reversal from Resistance

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eliottWaves_aud-usd_body_audusd.png, AUD/USD Large Outside Day Reversal from Resistance

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

AUDUSD formed an outside reversal at parallel channel resistance and the 6/26 high.

-The push above the August high is still not confirmed by a NZDUSD push above its August high.

-Support came in Thursday from former resistance (8/19 high).

Trading Strategy: Short against .9360, exit half at .9120 (9/5 low and 20 day average).

LEVELS: .9115 .9167 .9226 | .9353 .9387 .9439

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