Like its sister Nzd, AudUsd is consolidating in a range for the last 4 days.
Yesterday we have a pin bar which is also contained in the previous red candle indicating a lack of power to stay above 0.72.
I'm bearish this pair as long as the price stays under 0.7220 on a daily close basis and a dive under 0.7140 should accelerate losses towards 0.7 important figure.
Yesterday we have a pin bar which is also contained in the previous red candle indicating a lack of power to stay above 0.72.
I'm bearish this pair as long as the price stays under 0.7220 on a daily close basis and a dive under 0.7140 should accelerate losses towards 0.7 important figure.
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