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SETUP SELL AUDUSD

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#AUD/USD# SETUP SELL AUDUSD

AUDUSD is stuck on the supply area and forms Rising Wedge Pattern, possibly it will go down to the demand area.

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AUD was broadly in line with its fundamental determinants, a lower exchange rate would provide more assistance to the Australian economy in its recovery.
The release of the Reserve Bank of Australia’s (RBA) September minutes was a clear declaration that it’s ‘out of ammo’ when it comes to monetary policy.

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