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AUD/USD Begins Consolidation

Discussion in 'Technical Analysis' started by ActionForex.com, Nov 4, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Despite the overall bullish long term trend, the AUD/USD is showing signs of slowing down and may have entered in to a consolidating period. The pair is currently forming a consolidating triangle pattern which depicts a neutral trading environment.

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