AUDUSD in a bearish continuation pattern

10 Ağu 2021

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The Aussie has printed a bearish continuation pattern. Recent breakout and retest of the structure might be signaling a potential downward movement. While the persistent upbeat mood remains in the US dollar together with covid concerns shadowing the Australian government, the Aussies bears could be lining up.

Manage your risk, and wait for confirmations.


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