EXNESS - Analytics

    EXNESS

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    AUDUSD: adjustment from the 0.6979 level

    Buy on a level breakthrough of 0.7094 with 0.7164 target. Stop loss = 0.7044.

    Reason for the trading strategy

    Today there is mainly an adjusting growth in the Asian stock markets and commodity currencies. The stock exchanges in Shanghai and Shenzhen have reported that the automatic termination of trading (trading stopped until the next day after it fell by 7%,) was abolished on January 8.

    AUDUSD, H4


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