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Kai-FX
Aug 2, 2017 11:25 AM

AUDUSD LONG - 1:5 RR  Long

Australian Dollar/U.S. DollarFXCM

Description

My bias is still long on this pair as we have just seen a deeper pullback.

On the daily TF it looks as though we are seeing a retest of the resistance turned support at 0.7950. I suspect price to rise from here with NFP on Friday potentially pushing price up past 0.8050 to create new highs
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