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Australian Dollar / U.S. Dollar

AU at a decision point

By maxw3st
Updated
AU either continues up over 0.7320 or we'll see 0.71 shortly. Strong move up off the low, but it needs to keep going over previous highs.
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reversal is done. Waiting for the next swing low to go long.
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may be done dropping but if it fails this reversal attempt 0.7250 looms large. Today was a LL & LH on the daily.
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snapshot If it's going to happen, the next few days is when there could be a new low put in. Lowe's recent language suggests a sooner rather than later rate hike projection, so that could influence trader sentiment.
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update to the chart. Expecting a low to be put in by EOw.
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Chart Patterns
maxw3st
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