AUDUSD: Potential Gartley Setup

FX:AUDUSD   Australian Dollar / U.S. Dollar
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AUDUSD             is currently trading in a range bound environment, with a potential Gartley pattern setup.

However, with major risk events coming in later during the US Session, we suggest traders to not put their pending orders, instead to monitor price action for further confirmation before entering the trade.

Fundamentally, Aussie is still weak and overall bearish .

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