EvanJones
Short

Update: Nearly at a turning point

FX:AUDUSD   Australian Dollar/U.S. Dollar
72 0 2
AUDUSD             has nearly begun to stage what looks like exhaustion in this corrective rally.

I think its better to watch and see how it obeys this pattern and wait for either a break to the south. If the upper trend line breaks then this would potentially signal a change in from a bearish to bullish trend on a higher time frame.

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