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AUDUSD Inches Higher After Double Doji, But Price Is Still Holding Within Weekly Range

Discussion in 'Technical Analysis' started by Kaitlin, Aug 26, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Aussie shows signs of near-term recovery on today's rally above 0.7600 handle, after repeated Doji in past two days showed strong indecision. However, the pair is still holding within near-term range, entrenched between 0.7580 and 0.7653, but near-term base is forming at 0.7590 zone and is reinforced by sideways-moving daily Kijun-sen line.[​IMG]

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