澳元/美元

AUDUSD A Brief Look : Trapped in Flag Pattern

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AUDUSD had fall and targeting a new harmonic support 0.786 at around 0.72540
Stop and Reverse Trader as I mention previously should hold till 14th November with Target Profit 0.72600 to secure profit
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XAUUSD just make a strong bullish movement and instantly close the 1859.00 gap
AUDUSD should do something similar, prevent a Bullish Movement after touch the 0.786 Retracement forming XAB pattern

The lower trend line had been tested twice, there're probability for AUDUSD to break the Flag Pattern, forming a very strong Bearish Trend
But consider, it is just Mercury Retrograde period, which bring Gold into a bullish trend, and AU has a positive correlation with gold, higher probability for AUDUSD to retest the lower trend line and make a strong bullish momentum targeting to the 1.272 External Retracement

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