In my opinion, the false break above the channel's resistance for AudUsd marks a clear top for the pair and after a 200 pips drop from this top the pair is now in a normal correction.
I expect a new leg down after this correction and rallies should be sold
The bearish outlook is valid as long as the pice stays under 0.74
I expect a new leg down after this correction and rallies should be sold
The bearish outlook is valid as long as the pice stays under 0.74
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