FX:AUDUSD   Australian Dollar / U.S. Dollar
79 0 0
This pair has been rallying for the past week or so, forming a bullish trend line . While the pair has corrected itself on 23 Dec, it is supported by the 38.2 Fibonacci retracement level along, and is now cruising along the trendline . With the 20SMA just about to cross the 50SMA on the H4 charts, I would give say that it is a good time to long this currency pair when the market resumes operations.
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