Under pressure by the top trend line of the price channel on its weekly chart, AUDUSD pulled back from 0.7989 and moved sideways in a narrow range between 0.7875 and 0.7989. As long as 0.7830 support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7571. Another rise towards 0.8150 is … Continue reading "AUDUSD Daily Analysis – July 26, 2017"
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