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AUDUSD Potential Reversal

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Hi traders,

I am seeing in daily chart, AUDUSD touch the bearish trendline while in hourly chart, I am seeing the bearish divergence.

There is potential opportunity to short AUDUSD given fundamentally supported by lower than expectation for the Monthly CPI Indicator. This might also confirm that the pause of rate hike from RBA.

Thank you
Good luck!

Happy profit!
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All the best!

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