In this video update, we discuss the current downturn in the AUDUSD as price breaks out of the bearish flag on the 4hr timeframe.
China is potentially adding a ban on coal imports from Australia which has caused the sudden downturn in the AUD. With this breakout
we could expect prices to re-test the key 0.7050 demand zone.
China is potentially adding a ban on coal imports from Australia which has caused the sudden downturn in the AUD. With this breakout
we could expect prices to re-test the key 0.7050 demand zone.
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