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MatrixBits
Jun 16, 2018 5:31 PM

AUDUSD to $.80 cents Long

Australian Dollar/U.S. DollarFXCM

Description

AUDUSD to $.80 cents

- This is due to the interest hike in the US which is negative to the economy.
- Australian and New Zealand Markets are booming.
- Employment is very good in both countries.
- US Economy against AUD is in a down trend based on Weekly Charts. (USDAUD)

Comment

Still no bullish engulfing signals. Made small profits last nite in quick downtrends and uptrends still waiting for a bullish signature.
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