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It seems that have entered a triangular pattern, we should see the Australian dollar down in the coming days. The area we are in is a very low risk area for sell. You can use the lower trigger time frame to enter.
To be more sure of the Australian dollar movement, it is better to look at the New Zealand dollar movement because the movement of these two currency pairs against the US dollar is similar but with some delay.
ðIf you have an idea that helps me provide a better analysis, I will be happy to write in the commentsð
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