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Feb 29, 2024 10:28 AM

AUDNZD 

Australian Dollar/New Zealand DollarFXCM

Description

AUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
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