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AUD/USD approaching support of a Channel Down

AUD/USD approaching support of a Channel Down

AUD/USD is approaching the support line of a Channel Down. It has touched this line numerous times in the last 12 days. If it tests this line again, it should do so in the next 2 days. Supported by Downward sloping Moving Average

Chart 4 hour
Pattern Channel Down
Length 43 Candles
Identified 06-Sep-2022 12:00 UTC