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POSINEXA
Jul 9, 2021 8:34 AM

AUDUSD is getting ready to slide up Long

Australian Dollar/U.S. DollarFXCM

Description

It can be seen from the daily time frame chart that I show, AUDUSD has corrected at the 50% Fib ratio level, also in the strong demand zone at 0.74100, and has been followed through the oversold level 2 times (RSI indicator).

Medium to long term targets, target 1 —> 0.83417 & target 2 —> 0.89213.

Trade active

Trade active


Correction: Target 1 -> 0.82543 , Target 2 -> 0.85925 (maximum).

Trade closed manually

There seems to be a change in direction from up to down. And that means changing plans.
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