FX:AUDUSD   Australian Dollar / U.S. Dollar
4
AUDUSD Continues to show evidence of further upside. Price action constricted to form a converging wedge which is a bullish continuation pattern. AUDUSD formed a corrective 3 wave sub pattern throughout Asian trading yesterday which was overtaken in UK trading hours. AUDUSD could pull back to .8650 area yet there still is more upside into the .8800 or above any trading into the .8600 area would be a case of concern and warrant a stop.
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