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AUD/USD Forecast (June 1-5)

8-hour chart analysis

This pair might enter soon in a retracement around 0.7625 level, according to MACD on 8-hour chart.The price level for AUD/USD might rise around 0.7890 where is Fibo 50%.

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4-hour chart analysis
According to 4-hour chart, RSI indicator need to rise above 50 in order to see an uptrend in near term for this pair.

AUD4hour page 001

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