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FXLeaders
Aug 15, 2018 4:17 AM

Aussie fails to gain support despite rise in wages Short

Australian Dollar/U.S. DollarFXCM

Description

Technically, the AUD/USD is likely to test the double bottom support level of $0.7170. You can't find this setup on the 4 hour or daily chart, but you need to zoom out to the weekly timeframe. Whereas, the immediate resistance can be found at 0.7257.
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