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does look familiar ? that’s right , AUD/USD find itself into similar conditions for a third time… the pair has some history meeting key Fib levels supported by the 200 EMA and as we recognize , so far has been manage to jump up right after that ,…. the … Continue reading
has crossed under that
rising wedge formation(4H)
to be considered a valid ,
the speculative interest
(pictured in green)
should move under
(pictured in white) ,
and confirming change in the bias from bullish to flat.
Having in mind the two extremes this pair consist from ,
will be interesting to follow developments in the majors following
the high risk sensitive AUD/JPY
investors equilibrium matches with falling trend line
curbing the price back down into the recent wedge formation ,…
only 8H close above 1,0541 will put things flat ,….