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Author Archives: AUD Editor

AUD/USD: Slope Break?

Currently we are 1.2215 in a range. If we can break this slope support, we are looking for an initial move to the range top @ 0.7720 and a POSSIBLE overall target @ 0.7810. The average daily true range (ATR) ...

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AUDUSD bulls eye break above $0.7740

AUDUSD bulls Despite finishing off the lows yesterday the pair has held up well so far this morning. However, we still find ourselves stuck between the rising trendline for the year and the descending trendline off the April highs. We ...

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AUD/USD Back for More Near Range Highs

-AUD/USD broke out on 10/19 (daily closing basis) but failed. The failed rally on 10/26 leaves little doubt about the ‘false’ move despite the fact that .7505 is the invalidation level for a proposed inverse head and shoulders pattern (continuation ...

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AUD/USD Could Give 500-900 Pips

AUDUSD has been trading inside the triangle pattern since March 2016 and finally time is now to break out of the triangle. Most probable direction so far is to the upside. There is no room left inside the triangle and ...

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AUD/USD Could Give 500-900 Pips

AUDUSD has been trading inside the triangle pattern since March 2016 and finally time is now to break out of the triangle. Most probable direction so far is to the upside. There is no room left inside the triangle and ...

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