UnknownUnicorn15614419

AUDUSD: starts a new correction after the growth rate

Short
FOREXCOM:AUDUSD   Australian Dollar / U.S. Dollar
The pair repeats the pattern it followed in December. First, there was a sharp jump in the rate from 0.760, then a long fall (last time it was almost two months) with corrections and pullbacks. Now there is another growth spurt and touching the level of 0.780. Further, the price will likely start to fall. It is too early to say whether it will fall again to the level of 0.760, but a fall can be expected to 0.771. SL - 0.785.

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