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AUDUSD HIGHER HIGHS AND HIGHER LOWS

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FX:AUDUSD   澳元/美元
Upon the completion of te inverted head and shoulders formation. the Aussie Dollar pair seeked to clear the 0.71100 region. this proved unsuccessful as it failed at the rejection zone.

this has seen a new formation of Higher Highs and Higher Lows and if seen are the beginning of an uptrend.

the pair has been ranging on the past month having faield to clear 0.71500 and as of recent 0.71100

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