By: DailyForex.com
Currency: AUD/USD
Trend Expected Direction: DOWN
Method: Ichimoku, Technical Analysis
Description: AUD/USD failed to break 0.9850 resistance and turned south again. Price is back below kumo. H4 chart suggests that the price may head to support level at 0.9750 and then 0.9700.
Recommendation: Short
Target Area: 0.9725
Stop-Loss: 0.9810
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