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AUDUSD remains in a sideways mode for the third straight day, with near term price action moving within a narrow daily cloud. Upticks above cloud top (0.6512) were repeatedly capped by daily Kijun-sen (0.6522) that resulted in attack at cloud base (0.6474, also Fibo 61.8% of 0.6419/0.6568 upleg), which so far contained dips. No clear […]

The post AUD/USD: Neutral Near-Term Tone While Price Ranges Within Daily Cloud appeared first on Action Forex.

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