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AUDUSD Pushes Higher From Pin Bar Setup

The AUDUSD pushed higher today off the pin bar reversal setup that we discussed yesterday. The market could move up to re-test the next resistance near 1.0350 before moving lower again. Note that the pin bar that formed yesterday was at a very key / important support level near 1.0150 and showed rejection and a false break of that level. This is why it was a decent counter-trend pin to take.