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AUDUSD: Top-Down Analysis & Trading Plan 🇦🇺🇺🇸
Australian Dollar / U.S. Dollar
Long
AUDUSD: Top-Down Analysis & Trading Plan 🇦🇺🇺🇸
By VasilyTrader
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Sep 8, 2023
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Sep 8, 2023
https://www.tradingview.com/x/6QkBzaNo/
AUDUSD is currently consolidating within a wide horizontal range on a daily.
The price is approaching a support of the range at the moment.
I spotted one more range on a 4H time frame.
A breakout of its resistance can be a good confirmation to buy the pair.
4H candle close above 0.6405 will confirm the violation.
A bullish move will be anticipated to 0.6437 / 0.646 levels then.
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AUDUSD
australiandollar
dollar
Forex
Multiple Time Frame Analysis
Parallel Channel
Rectangle
Technical Analysis
trading
USD
DJ FXCM Index
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