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AUDUSD analysis 26.03.2020

26.03.2020

Market Review

AUDUSD

The overall trend is downward. A start fractal has formed below 135 moving average, and breaking through the start fractal will result in the formation of a descending H1 level pattern within the framework of a descending H4 level pattern. A bearish divergence also has formed on Awesome Oscillator.

Trading recommendations:

Sell below 0.5867.

Stop loss: 0.6083.

Target levels: 0.5720; 0.5520.

The AUDUSD rate online: monitor the movement of the pair in real time.

Author: admin
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