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AUD/USD: Downside Continuation?

AUD/USD: Downside Continuation?

Currently we are at 0.9358 and sitting on the 618 Fibo. WE anticipate continued downside first to the .786 Fibo at 0.9288 and then the double bottom. The big target is the S5 at the 0.9154. The ATR (Average True Range) for the pair currently is 102 pips.

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