AUD/USD Forex Signal: Wide Consolidation

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AUD/USD Forex Signal: Wide Consolidation
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AUDUSD price reluctant to fall below $0.6663. forexsignals forexsignal aussie forextrader TradingSignals

was presenting a choppy range, but with a line of least resistance which seemed to be upwards, so I was looking for a long trade that day from $0.6486.

This was not a good call, although it was enough to keep out of trouble. The price fell, cut through $0.6486 quite easily, and kept going for a fair distance.Although the price chart below shows we are continuing to see consolidation by this currency pair, it is a wide consolidation with plenty of price movement, between extremes of about $0.6600 to $0.6800.

, despite the deline earlier. This will give scalpers at least a chance to grab some long pips from the first bounce at this level if it is reached today.of support or resistance before making any trades, for example the support at $0.6624 or the resistance at $0.6816.Ready to trade our

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