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20.10.2016 • 14:00 GMT+3
What GBP/USD and EUR/JPY Can Tell Us About AUD/USD's Breakout
John Kicklighter
• AUD/USD has closed above trendline resistance that has capped the pair for the past six months
• Risk trends are suppressed, the Aussie has limited fundamental engagement and there is more tech resistance above
• We look at EUR/JPY's 'break of necessity' and GBP/USD's motivated drive lower for guidance on AUD/USD's conviction
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