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Coleman: Why I'm selling AUDUSD

Is today the day to sell AUDUSD? Ian Coleman form Frist4Trading thinks so. The Aussie has been subjected to fairly heavy selling pressure over the past few days and Ian thinks that's going to continue.

AUDISD broke the sequence of three positive performances last week. The weekly trend line support comes in at 0.7765, which could be the right shoulder of a bullish reverse Head and Shoulders pattern, and that's the main focus for this Tuesday.

01:14 minutes
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