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AUDUSD






12/20/2018 1:51:58 AM

AUDUSD - Technical Analysis: Thursday, 20/12/2018 06:51 GMT



A head and shoulders’ pattern was completed to push the price to decline strongly, waiting to visit 0.7000 as a next target.

The negative pressure continues by the exponential moving average 50 and 100, while the price stability below 0.7220 keeps the bearish trend valid.

 

t

 


Target
Risk


Support
Resistance


Trend Bearish

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