Strong rally extends into fourth consecutive day and retests pivotal barriers at 0.6526/29 (converged 200/55DMA’s) which capped attack previous day. Fresh strength offsets for now bearish signal on formation of daily inverted hammer candlestick on Wednesday, left after upside rejection and subsequent pullback. Aussie dollar was boosted by hotter than expected Australia’s inflation and keeps […]
The post AUD/USD: Extended Recovery Attacks Key Resistance Zone Again appeared first on Action Forex.
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