DislikedI think that the time has almost come to short the aud, i will be looking for shorts today around the 9178-9200 level. The left chart shows why the aud could not be shorted yesterday, when the bar closes above the resistance it will always move up into the next pink resistance levels. Before a sustained down move can happen for me it will need to touch the green highs on the RH chart.
After this move up the aud definitely looks less bearish on the higher timeframe levels but i am still looking at shorts currently just bc of the position of the...Ignored
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