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AUD/USD: Falling Wedge

AUD/USD, 1 hour    LONG Oct 22
There is a falling wedge forming and AUD/USD calls for a more active impulse up as a clue of a breakout. A falling wedge can be thought of as a useful price action pattern that is used to predict a next move up once price breaks out to the the upside. It is possible that a further bullish push up towards 0.632 will take place as downside pressure mitigates.
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