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AUDUSD Bounced Off Support, Potential For A Further Rise

AUDUSD bounced nicely off its support at 0.7159 (100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 0.7215 (38.2% Fibonacci retracement, horizontal overlap resistance). Stochastic (55, 5, 3) is bounced off its support at 2% where a corresponding rise could occur.
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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audAUDUSDCADChart PatternsEURGBPjpyNZDTrend AnalysisUSDWave Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Juga pada:

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