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Australian Dollar / U.S. Dollar
Short
Updated

AUDUSD Short Trade In Expanding Wedge.

670
AUDUSD is in a long term uptrend from the last couple of weeks. We might see a continuation of the trend. At the current level, it is trading in expanding wedge pattern, which indicates volatility in trend. According to chart pattern analysis, we might see AUDSUD trading in expanding wedge for numerous times. One can initiate short side trade with the proper risk management system and stop loss.

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AUDUSDaudusdanalysisaussieChart PatternseuroForexforexanalysisforexsignalsforextrendHarmonic PatternspoundTrend Analysis

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AUDUSDaudusdanalysisaussieChart PatternseuroForexforexanalysisforexsignalsforextrendHarmonic PatternspoundTrend Analysis
Fx_Trader_ViSa

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.