OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Have a look at the weekly chart first, there we have a big sideways action and NO break higher ( whereas we DO have breakouts higher in EURUSD and GBPUSD ). Some analysts are even seeing AUDUSD at 0.6500 and lower ( break down ). However, we have to watch DXY ( Dollar Index ). If there is a SUBSTANTIAL break lower below the 93.00 level, we could see AUDUSD break HIGHER.
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