FX:AUDUSD   Dollaro australiano / Dollaro
Confirmed pattern of possible range or rise for the pair. Price is currently in a trading zone that is formed by the bottom of this zone, breaking previous lows on its downtrend path. We see in indicators such as the Squeeze Momentum and MACD histogram a change of upward direction, accompanied by a confirmed pattern of loss of strength from the previous downward movement. I would expect at least a rebound to the mean to continue falling, if it rises to this zone and shows weakness, it will possibly continue its downward trend.

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