AUDUSD SELL

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AUDUSD is still in a 100 pip range. AU will break out soon. On higher time frames (Daily and Weekly chart) AU is created a level of resistance at 0.66915 area. AU is also in a major downtrend. I am looking for an entry for sell at 0.66590. I am looking to hold sell until 0.64915. However market could reject off of 0.66180 area and continue buy. I am open to both buy and sell this week. It all depends on how the market responds to news this week.

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