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Dollar Australia / Dollar AS
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AUDUSD approaching resistance, further potential drop!

Oleh ICmarkets
Broker
AUDUSD is approaching our first resistance at 0.7567 (horizontal overlap resistance, 50% Fibonacci retracement) and price might potentially drop to our first support at 0.7489 (horizontal swing low support, 61.8%, 76.4% Fibonacci retracement, 100% Fibonacci extension).
RSI is also seeing a bearish exit in line with our bearish bias.
audAUDUSDaudusdlongaudusdshortChart PatternsForexforexsignalsforextradingHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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