AUDUSD Retraces Back into Rectangle After Failed Breakout

<p>AUDUSD managed to cross above its rectangle pattern and post a fresh four-month peak of 0.6898 in the past week. However, this advance proved to be short-lived and the pair quickly fell back within its recent range, trading flat in the last couple of daily sessions. The momentum indicators are reflecting a loss of positive momentum. The […]</p>
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