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12 Oct

AUDUSD chance to BUY resistance has broken

admin Forex Technical outlook 0 Comments

As per daily chart in AUDUSD double bottom has formed. Resistance has broken clearly. At the same time 100 days simple moving averageresistance also occurred now, so wait up to break this resistance level, if break this resistance we get the Chance to buy Aussie against Bucks right now.

I recommended to wait until break 100 days SMA, if break this level next long term target 200 days SMA range at 0.7651

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