AUD/USD - Australian Dollar Short Setup | Forex Markets
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AUD/USD Technical Analysis: Eyes 50-day MA of 0.7373 after a bull flag breakout
50 Usd To Aud
The AUD/USD 15-minute chart shows a bull flag breakout – a bullish continuation pattern – which indicates the rally from the low of 0.7309 has resumed and has opened the doors to 0.7395 (target as per the measured height method).
The bullish breakout gels well with the improved risk appetite seen after President Trump’s deal with Mexico.
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