AUD/USD
Our expectations: Possible decrease after unsuccessful attempt for price to go over 50SMA
Alternative scenario: An eventual increase of the price over the shadow of the previous candle may lead to a new upward impulse
Comment: cost of the horizontal resistance and below 50SMA
Price action: pin bar and false 50MA breakthrough - negative signal
CCI (50) below 0, DeM turns from an overpriced market - probably a decrease
SL: 0.75950
Trader I Ivanov
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