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capitalpropertiesfx
Aug 28, 2014 2:23 PM

AUDUSD - possible triangle in progress 

Australian Dollar/U.S. DollarFXCM

Description

Aussie has been ranging for quite some time and that made me suspicious, that the price might be forming a triangle. It is too early to tell if it proves to be right but it is worth tracking, especially keeping a close eye on the trendlines. If they stay intact, then the triangle scenario is very much in the cards.

Time will tell. Watching.
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