Chart of The Day $AUDUSD 12-26-2016

On the AUDUSD daily chart we can see that the pair is testing downside support 0.7230 level. This level could keep short term price action to downside as long as the 100% Fibo extension 0.7080 level is not reached. Good to sell on rallies. 

Happy trading! (click on the chart to enlarge it)

audusd trend following strategy


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