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AUD/USD touches the 100 day EMA, uptrend again?

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Dolar Australia / Dolar A.S. (FX:AUDUSD)  
MarcellusLUX  
FX:AUDUSD   Dolar Australia / Dolar A.S.
Trend Analysis Chart Patterns Beyond Technical Analysis AUDUSD audusdlong audusdforecast audusdsignal audusdanalysis
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trendanalysis chartpattern beyondta audusd audusdlong audusdforecast audusdsignal audusdanalysis
AUD/USD has pulled back and touch the 100 day EMA level after many weeks of
consolidation. This is a critical level and if price doesn't fall below this level, then
AUD/USD can continue the uptrend.

However, keep in mind that the Fed meeting event will be held in less than 10 hours
and that will keep things volatile in AUD/USD.

However, if price drops during the event, I would consider a buy enty between 0.7660-0.7680
with SL below 0.7632 and TP at 0.78.
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