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AUD/USD: Lower Top at 50% Retracement Possible

posted by Avatar trustFX 821 days ago in USD, AUD, Technical made popular 821 days ago

It's likely that a lower top is forming just above the psychological resistance at 0.9000. This level falls very close together with the 50% Fibonacci retracement level (0.8970) of the 0.9320 to 0.8620 decline.
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