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jahhlee

AUDUSD - What's Next?

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
jahhlee  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Technical Indicators
4
0
trendanalysis indicator
AUDUSD is in a downward trend, but it seems to be losing steam. Bullish divergence has appeared in the RSI and it has stopped falling. I believe it will retrace to the fibs line (2nd red line) and continue to fall.


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