AUD started appreciating after last week employment data, but still it cannot guarantee that this bullish channel will continue further, as Chinese economy has major influence over Aussie. Please find my chart analysis on this pair,
Weekly chart:

- This pair has formed a nice downtrend and double bottom but above the trend line resistance lot of pressure started arising and then downtrend continued and it is expected to form a triple bottom.
- Last 3-4 weeks strong push towards downside suggest…
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