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AUDUSD – Descending channel within Triangle

AUDUSD – Aussie/Dollar As discussed recently, AudUsd trading in a big triangle (see weekly forecast). Below on the 4 hourly chart, we can see AudUsd trading at current resistance of the Descending channel.  Also note the lower highs and lower lows… We remain bearish on AudUsd, and only daily close above 0.7750 would negate our […]

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