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HomeContributorsTechnical AnalysisElliott Wave Analysis: Bulls Pushing AUDUSD Towards 0.70

Elliott Wave Analysis: Bulls Pushing AUDUSD Towards 0.70

Elliott Wave Financial Service
By Elliott Wave Financial Service

Aussie remains under bullish pressure towards 0.70 area and seems like it’s trying to break above channel resistance line which would confirm a rally within wave iii). However, as long as price keeps trading above 0.6900 region, we will remain bullish.

AUDUSD, 1h

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