The AUD/USD first tested last week’s low without making a lower low and then was able to close up +60 pips on the week, however, without making a higher high. AUD/USD Outlook Stand aside on this pair during the opening of the week until a clearer picture is presented. The weekly is flat lining, while the daily and 4 hour charts are overbought with the uptrend. Don’t fight the trend but be cautious about buying at these levels. Let’s take a look at the charts in this week’s AUD/USD Outlook
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