AU_chart 19.12After slight grows AUD/USD H4 currency pair reached the resistance zone, which previously stopped the Price Action before the deeper downward movements. It capped the Aussie rate two times in the nearest past. Now we observe a third approach – the growth impulse is weak, so we can argue, that it is just an another corrective movement. It should end with some selling and activation of bearish trend. What is more our current levels coincide with line connecting last few highs.

AU_screen 19.12

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