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TimeWaveTrading
Aug 25, 2022 1:04 PM

AUDUSD update 

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD has rebounded very strongly, but is still in the daily supply zone with a correction pattern. In particular, it should settle above the blue support line in the center of the chart for a transition to an uptrend. However, if it stays down again, this line will act as a very strong resistance line. Then the floor will have to be renewed again.
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