AUDUSD | ascending channel formed
- followed by the bearish dollar prediction, AUD seems to be one of the high yield currencies to long
- it holds well by the 20 EMA
- an ascending channel was formed follwed by the last pullback
- a 1.8 risk-reward ratio still can be attained for the 1st target
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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.