Australian Dollar Surges Higher, But Consolidation May Be Ahead
The AUDUSD currency pair has broken out above the 0.6586 resistance level, extending its impressive upside move from the 0.6361 low to a high of 0.6646 in recent trading sessions. The pair is now trading within the confines of a rising price channel visible on the 4-hour chart. Uptrend Remains Intact Within Channel As long …
https://www.forexcycle.com/sho....rt-term-forex-analys
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