Happy you're back! Thanks for getting us up to 1.50 on cable pre-Brexit; nimble traders reversed after the floor fell out, no point riding the bomb down to oblivion, Slim Pickens style.
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Slim Pickens style l0l, hope you're enjoying a/u
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Fantastic, my analysis does converge with yours
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Absolute gold, mate! Here's to another yacht-and-lobster-filled year with you! ;)
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TheBanker FishMonkey
@FishMonkey, hahaha you bet, we'll have to arrange another few holidays with our eurusd winnings eh!
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Yes! Been absolutely killer mate!!!
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Based on Market Profile (volumes) and Price Action there is very strong swing support at 0.7246. There was about 2 week rotation where the big players accumulated their long trades and then moved the price agressively higher. You Can see this strong trading activity even on yearly volume profile!
If the price comes back to 0.7246 I think that the agressive buyers will come again and push the price higher once more.
Here is my analysis:
AUD/USD swing based on Market Profile and Price Action
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