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Higher Low made on the 1W Channel Up. Long.

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
InvestingScope  
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD aud NZD australiandollar newzealanddollar Forex Currencies currency
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trendanalysis chartpattern indicator audnzd aud nzd australiandollar newzealanddollar forex currencies currency
AUDNZD has broken all minor rebound poins on 1D (RSI = 44.753, ADX = 28.027) but has managed to find support on the Higher Low gradient of the 1W Channel Up. Its current neutral state (RSI = 51.003, Highs/Lows = 0, MACD = 0.002, B/BP = 0.0082) indicates that an attempt to keep this support level is attempted and is an optimal place to go long. TP = 1.11740.
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