Dollar is strong, AUD has been weak across other pairs. Long bullish run with no correction, and a lot of sideways movement.

I am still bullish overall but taken a small position Short to this low spike, which is in line with a support level way back.

There has been a break out of the descending wedge.

Overall I am happy that there are enough reasons to take this short-term short.

Let me know your thoughts.
audbreakoutChart PatternsTrend AnalysisUSD

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