A good short opportunity on the AUDUSD pair.

Everyone is loading on shorts and the long traders are fixing profits near this level. Hedgers are hedging.

So there is a rational reason as to why there should be a bounce from the level.

Don't forget to put out a stop loss.

Wish you luck!

AUDUSDBTCUSDChart PatternsForexTechnical IndicatorsshortSPDR S&P 500 ETF (SPY) tradeTrend Analysis

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