AUDUSD – Looking for an Aussie Pullback

12 Feb - AUDUSD Daily 3

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Hi Readers,

Just a quick update on what I’m looking at. AUDUSD broke out from a long term triangle/upward trend line and it’s been tanking. I’m currently looking to see how will price react in the next Support level around 1.02 (Green arrow). This might give the first pullback for a short continuation or a bounce back into a ranging market.

Let’s see what opportunities that might unfold.

Thank you for reading and happy trading!

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