Wednesday 26 April 2017

AUDUSD Daily Analysis – April 27, 2017 Forex Analysis

AUDUSD broke out of the triangle pattern and continued its downward movement from 0.7749. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7540, only break above this level could signal completion of the downtrend.

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