Thursday, November 15, 2018
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AUD/USD 07NOV18 | EconAlerts

Technical Analysis – AUD/USD above the falling trend line

AUD/USD remains above long-term falling trend line; indicators suggest bullish correction mode. AUD/USD recorded a stunning rally last week, surpassing the long-term descending trend line. Earlier today, the pair reached a fresh six-week high of 0.7271 but returned quickly near its opening level. The price has almost violated the fall off 0.7314 turning

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