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Dragonfly_Scotland
May 19, 2022 6:29 AM

Consolidation near the top of the downtrend channel. 

OANDA:AUDUSD60
AUD/USDOANDA

Description

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AUDUSD stayed in the downtrend channel, and now started consolidation on 1h TF. We need to wait for a breakout or continuation of the downtrend.

Comment

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Price is just trying to break out from the downtrend channel.
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