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Trade posted to TAP at 8:58am ET. Sell AUDUSD at .9285. Trade based on 4 hour trend line break and retest. There is also historical resistance at this same area between .9283 and .9293. Bottom fib level from the most recent run from the high of this week .9380 down to the low at .9220. Any break above .9305 will give cause for concern and will not hold if there is an open and close above that level. As usuall will move to protect the trade at 20 to 25 pips of profit but looking to target .9235/20.
AUD/USD Chart Picture
