AUD/USD Price Analysis: The bulls are up against a firmer US dollar in Tokyo By ross_burland AUDUSD Technical Analysis
The Tokyo flows are moving into a cheaper US dollar. the bulls have been trying to stay with the course as illustrated, but Tokyo flows are buying the greenback:It was explained that the price had been respecting the support structures ''in its pursuit of the price imbalance between recent highs and the May 4 highs at 0.7266. The price would be expected to mitigate this area of imbalance with relative ease.
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