AUDUSD Riding the Trend Line Lower

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The AUDUSD  consolidated its weekly loses on Friday.  Similar to Thursday the pair appeared to be making run at trend line resistance before being knocked back once again.  The cross will start the week in a wedge on the one hour chart.  .9800 creates daily support and trend line resistance begins .9865.  Whichever way the pair breaks will dictate price action into the new week.

Sup   .98

Res    .9865

 

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