EXNESS - Analytics


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    There are risks of the Aussie declining to 0.7 dollars.

    Sell on a level breakthrough of 0.7080 with 0.7000 target. Stop loss = 0.7130.

    Reason for the trading strategy

     The decline in the Nikkei225 by 1.36% and the prices of raw materials today is putting pressure on the Aussie. In the short term, it may test the support level of 0.7 dollars. 

    AUDUSD, H4

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