AUD/USD BEARS ARE GAINING STRENGTH|SHORT

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Hello, Friends!

AUD/USD pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.625 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.

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