AUD/USD Technical Analysis: Upside Reversal Gaining Steam


AUD/USD Technical Analysis– Prices are rebounding as expected to test resistance at the top of a falling channel set from April, now at 0.9208. A break above this boundary initially exposes the 23.6% Fibonacci retracement at the 0.9400 figure. Near-term support is at 0.9035, the July 3 swing low.

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dailyclassics_aud-usd_body_Picture_9.png, AUD/USD Technical Analysis: Upside Reversal Gaining Steam

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