AUDUSD Daily Analysis 08.01.2019

FX:AUDUSD   Australian Dollar / U.S. Dollar
Hello Traders,
AUDUSD has been ranging the whole day. Price is contained above our support at 0.71200 and our resistance at 0.71500. As long as price remains inside this range, we'd be looking for reversal opportunities.

Currently, we'd have to wait for price to approach one of our levels. We'd aim to go long at support and short at resistance.


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