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StrongBull777
Feb 27, 2020 12:07 PM

AUDUSD 

Australian Dollar/U.S. DollarFXCM

Description

Natural fires in Australia caused great damage to the nature and economy of the country. The country spent a lot of money to eliminate the disaster. This entailed a strong drop in currency. At the moment, the country is at the stage of restoring the economy and the Australian dollar. In the US, there is an election race, which entails not stability of the economy and a drawdown of the dollar. This factor should be an incentive to strengthen the Australian dollar against the US dollar. Also, according to indicators, we see overbought prices and breaking through the Bollinger band
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