The measured downside target from 1.1 is 0.55 so we should expect a consolidation of sideway movement in 0.59-0.71. break above 0.72 means the whole trend changed to uptrend. the main strategic will be buy on dip.
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After a very handsoome rally of the AUDUSD, we should expect consolidation should follow
expect the AUDUSD go back down 0.68 or even 0.65
expect the AUDUSD go back down 0.68 or even 0.65