AUD/USD Coiling with Bullish Bias

Coiling: The 4H chart shows the AUD/USD coiling, or converging in a triangle pattern since rallying above the 1.05 handle. The RSI has fallen between 40 and 60, reflecting consolidation momentum, but as the Aussie trades sideways, we should note the preceding bullish technical bias. Bullish biases:…

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AUD/USD Coiling with Bullish Bias

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