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Joe_bghlm

Potential Downward Pressure: AUD/USD Rejects daily Resistance

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Joe_bghlm Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis
8
0
trendanalysis chartpattern beyondta
The AUD/USD pair has encountered resistance around the 0.66333 price level on the daily timeframe, indicating potential downward pressure. This rejection could signal a movement towards the support level at 0.64857. Traders may monitor this development closely for further price action confirmation.
Trade closed: stop reached
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