AUD/USD – Re-test of September low likely
Pair’s bearish break from the symmetrical triangle last week and a breach of the rising trend line followed by a repeated failure to retake the rising trend line on Monday and today has opened doors for a sell-off to September low of 0.7442.
The bearish invalidation is seen only if the pair retakes the rising trend line on the daily chart.
The bearish invalidation is seen only if the pair retakes the rising trend line on the daily chart.
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