The AUD/USD continued its climb on Thursday, showing that the market still wants to go higher after finding the 1.05 area so supportive. The pair is over the 1.06 handle, and any trepidation about going long should have been silenced by the last three days. We are buyers on dips, and not interested in selling under any circumstances. Also of note, there is a possible bull flag forming as well.
Originally posted here
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