AUD/USD Classical Technical Report 03.13
AUD/USD: Daily studies are finally starting to look stretched and warn of a more significant pullback ahead. Look for the latest break and daily close below 1.0595 to confirm outlook and open the door for a more legitimate bearish reversal towards the 1.0300 area over the coming days. Only a daily close back above 1.0670 would delay topping outlook and give reason for pause.
--- Written by Joel Kruger, Technical Currency Strategist
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