Chart of The Day $AUDUSD 01-30-2018

On the AUDUSD daily chart, we can see that the pair is testing the strong upside resistance 0.8130 level. This level is important for the upside continuation. So far the pair has been rejected from that level but we need to see the close below 0.8000 level for the downside reversal.

Note: look only for the short trade entries for now with the SL above 0.8130 level.

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