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AUDUSD analysis

The Australian dollar against the US dollar pair reached the outskirts of the first awaited target at 0.7500 and is under continuous negative pressure formed by the EMA50, to support the chances of breaking this level and opening the way to heading towards 0.7375 as the next main target.

Therefore, …

AUDCAD analysis


The descending patterns of the H8, H2, and H1 levels are currently truncated. Probably the formation of the reversal wave pattern. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. 

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Trading idea:
Buy when …

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