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josephdahrieh
Jul 18, 2022 8:21 AM

Aussie Divergence Long

Australian Dollar/U.S. DollarFXCM

Description

hello Traders, Aussie reached 100% fibo expansion , meaning we are still in a corrective zone.
after the clear divergence on the RSI i am looking forward to long the pair with a stop near 0.6680 and a target of 0.7030.
the tightening policy from the USA and the strong dollar is what put a pressure on the aussie lately.
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