Sept 4 Update. A reversal Pattern appearing in AUD/USD
I believe IF this price holds. it will consolidate around 1.0217 level.
What worries me is the 2 time frame 50/200 day ema which suggest that giving this pair a higher boost will take time.
Majority is still in favor of short but knowing the market, giving fundamental issues and the rise of GOLD can make this pair stronger as people may sell dollars due to GOLD appreciation.
Interesting I was able to do an overlay Technical Analysis of these 2 .


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