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NAB AUD/USD technicals – gradual rise toward 0.7750/0.7835 increasingly likely

Technical analysis chart via National Australia Bank Their outlook: Repeated failures above 0.77 in 2017 confirm that resistance at 0.7750/0.7835 remains a firm obstacle. The bullish monthly reversal pattern completed in June however helps to maintain the uptrend bias and maintains ongoing pressure on this major top. Recent positive MT momentum triggers (slow stochastic, MACD, DMI)