EXNESS - Analytics


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    AUDUSD: under pressure against the background of a decrease in China's business activity

    Sell on a level breakthrough of 0.7283 with 0.7237 target. Stop loss = 0.7323.

    Reason for the trading strategy

    In July, the Markit business activity index in China's manufacturing sector fell from 49.4 p. to 47.8 to p. Fears over China's economy are putting pressure on the price of non-ferrous metals and the Aussie.

    AUDUSD, H1


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