The AUD/USD pair fell and is currently finding support at the 1.03 level as traders weren’t patient enough to let it retest the 1.02 level. The day formed a hammer, and looks to be ready to continue the move upward. With gold breaking out to new highs today, the Aussie was always going to get a bid. Selling this pair is still impossible, and buying above the high for today is preferred.
Originally posted here
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