Aussie turns bullish as head and shoulders neckline holds

The aussie was starting to look quite bearish for a while, with a head and shoulders forming on the 4-hour chart, and weak economic data out of China weighing on the currency. One thing that’s worth noting though, is that the 61.8 fib level is currently providing strong resistance around 1.0347. …

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Aussie turns bullish as head and shoulders neckline holds

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