Aud/Usd has repeatedly failed to hold and/or break up to new highs
On the weekly chart we can now see that the pair is wavering and seems to be in trouble;
if 0.95 is the high for now on the weekly chart,
we may see another decline downward, possibly to form the right shoulder
of an inversed head and shoulder pattern around 0.88 in the long run:
Aud/Usd weekly chart
On the daily chart we can see what the price action predicts for the near-future;
the pair is currently in a bearish channel on the…
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