AUD/USD Price Analysis: Bulls take control and on track to hunt down 0.7050 – by fx_ross AUDUSD Technical Analysis
From a daily perspective, the bulls have their eyes on a move beyond the recent highs towards the 0.7050 mark as the price climbs the trendline support. The broadening formation on the hourly chart leaves the upside trendline resistance exposed and vulnerable as well prior to a move lower within the confines of the shorter-term pattern.
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