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Australian Dollar / U.S. Dollar
Long

AUDUSD: Update for buyers

By VasilyTrader
Updated
snapshot

I have noticed that many traders are looking for long trades on AUDUSD.
In this trading idea, I suggest you focus your attention on potential harmonic abcd pattern.
D point of the pattern lies perfectly on the horizontal structure support level 0.7.
A lot of buying orders are opened around this level so it will be a high chance to see a pullback.
Levels for targets: 0.703 and 0.705
Comment
Market has reached a support zone
audAUDUSDaustraliandollarChart PatternsCurrenciesdollarForexHarmonic PatternsTechnical AnalysistradingTrend AnalysisUSD
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