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EmmanuelDuru
Oct 9, 2017 8:17 AM

Long AUDNZD Long

Australian Dollar/New Zealand DollarFXCM

Description

Considering the current position on Gold after hitting support and the Dollar failing to break above weekly resistance, we are likely to see strength in gold and weakness and dollar. Using the correlations, AUDNZD is going to gain strength off this weakness in dollar and using technical analysis, i have constructed a trade around this point.
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