AUDUSD Close to support
Updated
AUDUSD has been moving in a bullish channel
Price looks like it will test the weekly channel support, which has confluence with 1.272 extension
This could see a turn for the pair
Price looks like it will test the weekly channel support, which has confluence with 1.272 extension
This could see a turn for the pair
Comment
Still on track to test channel support line. Engulfing bearish candle supports this and weak AUD adds momentum
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