EXNESS - Analytics

    EXNESS

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    AUDUSD: consolidation below the 0.7180 level

    Buy on a level breakthrough of 0.7180 with 0.7241 target. Stop loss = 0.7130.

    Reason for the trading strategy

    The RBA notes that the conditions for business in Australia have improved, and lending to companies is growing. World economic growth is supported by low interest rates and low oil prices.

    AUDUSD, H4


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