FX:AUDUSD   Australian Dollar / U.S. Dollar
Following the bullish run that begun around the 11th March with pip movement in excess of 140+ , markets have now approached 4hr trend line which has been well respected in the past with multiple taps. Lower time frames showing rejection and oversold - with the recent surge driven primarily by release of Federal Funds Rate at 6pm. If this is broken next key level to look for a short is around 0.72.


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