AUDUSD – Buying dips at bespoke support

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Monthly: We have broken the large Expanding Wedge formation to the downside. The whole move higher from the 2016 low (0.6827) has been and volatile, common in corrective formations. Reverse trend line resistance is located at 0.7246 Weekly: Broke the wedge formation to the downside. The wedge formation has a measured move target of 0.6827. Intraday (4-hours) – Completed a bullish 5-wave coun...


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