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tradewithlogic
Mar 16, 2018 2:58 AM

AUD/USD Long

Australian Dollar/U.S. DollarFXCM

Description

The Aussie dollar is heading into the crucial area around 0.775. In terms of structure we are expecting a new higher high, but looking at the previous, we had a very weak projection which suggests there isn't a lot of buying. I think we will see it start to range a bit or even fall if the dollar starts to gain. But I am targeting a buy if I get a signal around the 0.775 area.
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