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AUDUSD Daily Analysis – September 8, 2017

AUDUSD broke above 0.8065 previous high resistance. Further rise could be expected after a minor consolidation and next target would be at 0.8162. Support is located at the bullish trend line on the 4-hour chart, only a clear break below the trend line support could signal completion of the uptrend.

AUDUSD 4-hour Chart

Author ForexCycle.comPosted on September 8, 2017Categories Short Term Forex AnalysisTags AUDUSD

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