By
James Chen |
Technical Analysis | Aug 13, 2010 02:40PM GMT |
AUD/USD (a 4-hour chart of which is shown) as of Friday (8/13/2010) morning has formed what could potentially be an inverted flag pattern, a consolidation/continuation pattern that often occurs in the midst of a bearish move like what
AUD/USD has been experiencing for most of this week.
James Chen, CTA, CMT
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