Tag Archives: Share Trading
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AUD/USD Prices May Consolidate as Downtrend Remains Intact
AUD/USD prices made cautious gains as anticipated, but the Australian Dollar’s dominant downtrend remains intact. This opens the door to consolidation as stubborn resistance holds.
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Dollar Fails to Launch Major Technical Breakout, Reversal Risk Rising Rapidly
The Dollar has transitioned from a breakout after a 12-month, inverse head-and-shoulders pattern directly into a bearish standard, head-and-shoulders in the matter of a week. Has the bullish wave proved a dud?