- Rejection of 55 monthly and weekly EMA maintained long term bearishness in AUDUSD market.
- That is, downtrend from 1.1079 (2011 high) and currently still in progress. Next downside target is 61.8% fib level at 0.63300.
- That is, downtrend from 1.1079 (2011 high) and currently still in progress. Next downside target is 61.8% fib level at 0.63300.
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