AUDUSD Bounces Back after Hitting 9-month Low

<p>AUDUSD had been in an aggressive decline after its bullish breakout from the rectangle encountered resistance at 0.6898, validating a double top pattern. However, the pair appears to be attempting a recovery since it managed to halt its retreat at the nine-month bottom of 0.6363 in mid August. The momentum indicators currently suggest that the bearish […]</p>
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