AUD/USD Classical 05.27
AUD/USD: The market has fallen apart since failing to clear barriers by 0.9400, with setbacks now accelerating to fresh 2010 lows below major neckline support of a double top at 0.8580, to 0.8070 thus far. The break below 0.8580 should now open a measured move pattern objective by 0.7800 over the coming days. Any rallies should be well capped by previous neckline support now turned resistance at 0.8580.
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