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  1. #1
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    Default AUDUSD - Technical short term overview

    Aussie may be fruitful to sellers in the next couple of weeks pouring out a healthy opportunity to expect over 200 pips, here are the technical aspects you should consider:

    1- Head and shoulders reversal pattern spotted, marking the start of the downtrend
    2- Daily lower trendline has been breached and broken low (another reason to expect a downtrend)
    3- Head and shoulders structural neckline broken and retested

    The white and green horizontal lines mark the secondary and primary structural targets!

    Best of luck and happy trading folks :-)
    Trade With A Lightning Fast Platform - AssetsFX

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    This information is very useful, where I am still often learning and practicing, with a lot of learning and practicing, this is what can make me understand more about forex and also be able to analyze the market accurately on a real account together with Tickmill broker.

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