AUDUSD Stalling close to previous high

Bespoke resistance is located at 0.7775. With previous resistance seen at 0.7784, and the pair close to a Demark exhaustion count on the daily chart, we look for further gains to be limited

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Monthly: Holding within a large Expanding Wedge formation that has an eventual bias to break to the downside. The whole move higher from the 2016 low (0.6827) has been and volatile, common in corrective formations Weekly: The mixed and volatile price action has formed an Ending Wedge pattern. A break of 0.7616 and the measured move target is 0.6830. Holding within the Ichimoku Cloud. Expect...

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