AUD/USD Classical 05.04
AUD/USD: The market has been struggling to hold onto gains towards 0.9400 and we continue to retain a bearish bias, with a lower top sought out below 0.9385 ahead of the next major downside extension. In the interim, we recommend staying on the sidelines and awaiting a break back below 0.9135 to confirm our negative outlook. Only back above 0.9385 negates and gives reason for pause.
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