AUDUSD To go long

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Here we have our AUDUSD chart.

For several weeks now we have seen a sustained downwards movement. This is due to the USD strength pulling this and many other asset classes down. For this reason, it is a good idea not to accumulate too high of a position size, as the movement is likely to be similar for all.

After this move down, we are way off key MA's. Price is low and we can continue buying.