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JHtrading
Jun 12, 2015 7:00 PM

AUD/USD - Bilateral breakout impending 

Australian Dollar/U.S. DollarFXCM

Description

Consolidation occurring in AU at the moment. Target to the upside = range of triangle mouth, confluent with 61.8% fib level. Downside target (preferred as in the direction of the trend, although less likely due to the dollar weakness we are experiencing in the DXY) = range of mouth added confluent with a key level of support.
Comments
lenboy
see this:-tradingview.com/chart/C8T6EA9G/,wait to see which way it breaks
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