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Risks now lower

AUDUSD

A Friday plunge below .6878 and .6858 supports, to reject the Thursday rebound up through .6907/08 resistances, to shift risk back to the downside Monday.

  • We see a downside bias for .6845/44; break here aims for .6808/06.
  • But above .6887 opens risk up to .6913 and maybe .6929/30.
by Steve Miley November 11, 2019
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