AUDUSD Fakey Sell Signal at Key Resistance


Chart in Focus: Daily AUDUSD

The AUDUSD showed inability to close above 0.9330 key resistance today, forming a false break of that level and a fakey sell signal into today's close. If price remains under 0.9330 in the near-term, we could see another downside move, perhaps to retest key support near 0.9200, before the market moves significantly higher again.

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