Hi Traders!

AUDUSD has tested the 6-month high but has failed, and there is a potentially big pullback that is about to occur.

Here are the details:

After the range zone breaks to the upside, The market was in an aggressive bull rally to tray and test the 6-month high but has exhausted due to a strong bearish presence at the 6-month high.

The next signal to confirm this will be a price break below the 20 EMA for a confirmation signal.

Preferred Direction: Sell

Technical Indicators: 20 EMA

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Trade safely and responsibly.

BluetonaFX
AUDUSDaudusdshortbearishsignalchartanalysisforexsignalsmarketforecastMoving AveragespriceactionanalysisrangezoneSupport and ResistanceTrend Lines

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