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TFC Commodity Trading Forum

Today, the AUDUSD tried to push above the near-ter *LINK* *PIC*

Today, the AUDUSD tried to push above the near-term resistance at 0.8215 that we discussed in this week’s weekly trade setups preview. However, price quickly reversed after moving above that level and ended the day lower, forming a bearish tailed reversal bar and false break of that resistance. If price stays contained under that 0.8215 resistance level this week we could see the downtrend resume from near current levels.