AUD/USD – Recent Corrections Have been Under 100 Pips

Falling channel: Since late January, the AUD/USD has been in a falling channel seen in the 4H chart. The RSI shows a bearish momentum as it tags 30 and has held under 60. Also, the moving averages are in bearish alignment with higher periods above the lower ones. Today (2/12) we saw a pullback from…

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AUD/USD – Recent Corrections Have been Under 100 Pips

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