FX:AUDUSD   Australian Dollar / U.S. Dollar
1
PA has moved up a long way in a very short time and is due for a retracement. I'm deeming the overall trend at the moment to be long. I'm expecing PA to drop down to around the 50% fib level and possibly touching the 50 SMA before bouncing back up to re-test highs and/or test the 200 SMA.
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