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Signs of a short-term top in the Australian dollar

Discussion in 'Technical Analysis' started by ForexLive, Jun 10, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    AUD/USD hits three day low A look at the AUD/USD hourly chart shows that it's starting to eat into the RBA gains. A breace of the 0.7360 to 0.7420 'gap' is a negative sign and a minor head-and-shoulders top may be in place.

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