EXNESS - Analytics

    EXNESS

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    AUDUSD: consolidation below the 0.7437 level

    Buy on a level breakthrough of 0.7437 with 0.7488 target. Stop loss = 0.7687.

    Reason for the trading strategy

    In May, the Conference Board leading economic indicators index in Australia grew by 0.2% (m/m). The statistics indicates a likely growth in the country's business activity and supports the Aussie.

     

    AUDUSD, H1

    AUDUSD


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