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Yuriy_Bishko

AUD/USD has show Signal for Buy

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Yuriy_Bishko Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis AUDUSD audusdlong audusdforecast audusdsignal audusddaily audusdanalysis
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trendanalysis chartpattern waveanalysis audusd audusdlong audusdforecast audusdsignal audusddaily audusdanalysis
AUD/USD made a fake break of key buy level 0.7325

Take a look on the chart, price bounced from weekly level. Also, currency rate was near that level 14 months ago. Big players respect such levels. Because many retail traders hide theirs loses under it. Which become fuel for market makers when they hit it.

Open buy near 0.7340 – 0.7360
S/L: 0.7310
Goal: 0.7629
Trade active:
I opened the 2nd buy at 0.7356.
D1 close upper key level. That`s why I reopen a position. Also, the price hit my S/L yesterday.
Comment:
You can move S/L on AUD/USD into breakeven because currency rate can make a pullback
Trade active:
After consolidation, I think the price will move up.
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