Month: September 2017

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? AUDUSD price market analysis The 0.8000 is a round number resistance for AUDUSD. After taking out the stop losses for sellers in July, price eventually dropped like a hot potato. I am looking at short term support around 0.77655 area or 0.77059. There is a longer term stronger support if AUDUSD has more sell…

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AUDUSD trade analysis

AUDUSD trade analysis

Daily Chart H4 Chart I expected a bigger retracement on the AUDUSD but it never came after price hitting a high of 0.8124. At the current level price is trading at Daily time frame 0.7977 support and rejecting it. On the h4 time frame, we have double confluence support at 0.7969 with the channel bottom…

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