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Australian Dollar / U.S. Dollar
Short

AUDUSD Testing Support, Potential Break out!

By ICmarkets
Broker
AUDUSD is testing its support at 0.7008 where if broken, could cause price to fall further to its next support at 0.6952 (61.8% Fibonacci retracement)
Stochastic is approaching its support and ichimoku cloud shows signs of more bearish pressure,
Chart PatternsHarmonic PatternsTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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