AUD/USD – Re-test of September low likely

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Pair’s bearish break from the symmetrical triangle last week and a breach of the rising trend line followed by a repeated failure to retake the rising trend line on Monday and today has opened doors for a sell-off to September low of 0.7442.

The bearish invalidation is seen only if the pair retakes the rising trend line on the daily chart .
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