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TheBanker
Feb 18, 2017 5:25 PM

dont click or else Long

Australian Dollar/U.S. DollarFXCM

Description

audusd has been seeing some upside within the recent bottom that formed since early 2015. Last month gave us a bullish engulfing and currently we are testing the neckline of the larger h&s pattern since June 2015.

A break above will mean a large move to the upside targeting 0.8150, May 2015 highs. Near term pullback should be cushioned at the 50 MA around .7490

lets see

Comment

"Near term pullback should be cushioned at the 50 MA around .7490" - congratulations to those who read this in detail
Comments
11021992
I clicked :(
luckylegs10
AUD is broken out 4 bottom + channel divergence. Its going to shoot up.

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