Contributors Technical Analysis AUD/USD False Breakdown?

AUD/USD False Breakdown?

AUD/USD rallied on Tuesday and tries to stay within the minor ascending pitchfork’s body. Has failed to reach and retest the lower median line (LML) of the major ascending pitchfork. Technically, it was expected to reach this level and even to breakdown under it. Could come back up to retest the upper median line (uml) of the minor descending pitchfork before will drop further.

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