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AUDUSD potential short burst upwards within range | 16 aug 2021

AUDUSD faces potential short burst upwards within the range, potential buy entry at 0.73418 in line with 23.6% Fibonacci rettracement and extension. Our term short term bullish bias is further supported by the MACD indicator where the MACD Line is about to cross under the signal line signifying bullish market.

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